This coming Labor Day Holiday Monday represents the unofficial end of summer to some, my gang, as mentioned last week feel freedom was lost this week, with school starting this most recent Monday.
- Many Pools Closed
- Full schedules to start
- Homework, homework, homework
- Shorter lighted days — yikes
BUT… are you ready for fall sports !
Capital Markets, as well as our office, will be closed on Monday, in honor of labor day.
Hurricane Harvey
We are sending our best wishes to all those friends, families and clients displace by Hurricane Harvey! We are happy to report Donald “The Brain” has had minimal damage up to this point and is safe and sound. We do have relatives and friends back in the new path and wish them safety and well being…
Given the devastation it looks to be years of rebuilding. Many blessings and well wishes!
Once again a test of the resilience of our country that will certainly be endured but will be collaborative as we regroup and rebuild!
Have a great Friday and long weekend!
John A. Kvale CFA, CFP
Smart or Silly Markets ? …. Football …
We are just not sure what happened at the beginning of the year….
After a record breaking negative start to the year ….all is better now…?
Small Company US Stocks Storm Back
The following chart of the Russell 2000 (Small US Company Stocks) is a show of fantastic resilience….
From top to bottom, that was a 28% drop… heck lets call it a 30% correction .. most of which has been recovered…. Wonder if this steep of a drop has occurred before without a clear crisis or recession ? Hey Donald the Brain… Can you let us know ?
Things getting better … “Smart Market“… or things no different… just a “Silly Market” ? Time will tell…
Football
Ok, so truth be known, football season has already started. A collegiate upset weekend occurred last weekend and the NFL first Thursday night game was last night…
Good Luck to all… be careful when traveling near working venues…. Enjoy the games !
Talk to you next week !
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
www.jkfinancialinc.com
www.street-cents.com
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Posted in Economy, General Financial Planning, Interest Rates, Investing/Financial Planning, Market Comments, World Political
Tagged Early Year Jitter, Early Year Jitters, Football Season, Russell 2000