Hello and Welcome to our May 2020 Financial Planning and Capital Market Update!
If you are too busy to read, feel free to listen as we describe our post and thoughts in friendly podcast audio format as well as Video!
We like to articulate our thoughts and review on a Monthly basis our Financial Planning Tips, Capital Markets and current events!
Hope you enjoy!
May – 2020 Video (YouTube)
Financial Planning Tip –
Looking at the chart of the 10 year treasury, we can see rates have finally settled and we are hearing the volume of lenders overflow has calmed as well. While the 10 year is not an exact predictor of Mortgage Rates it is loosely correlated.
Now may be a good time to check your Mortgage Rate and consider refinancing!
Here is one of our favorite and most popular posts on the items to remember when you are getting a mortgage and especially when you refinance.
The Virtual Pivot
In true making Lemonade from Lemons fashion, not only have we been able to access the John Mauldin event, with over forty hours of speakers, but a National CFA(Chartered Financial Analyst) event and several others were completed virtually.
We have so much awesome information to share in the coming weeks…. oddly, that we would have not had access to if they had been held live!
Looking forward to sharing…. tons if info!!
Capital Market Comments – They Came Out!
The Look Through Continues
With current earnings being less than stellar, you may ask why the markets are clawing their way back?
It does appear investors are looking through the valley and attempting to price in what a recovery may look like.
The Tuesday after Memorial Day offered multiple openings across the country…. Wall Street wiped its brow as people came out!
Expect bumps, and headline shocks, both positive and negative … but that’s why we are happily conservative investors at heart!
Have a Great Day – Talk to you at the end of June!
John A. Kvale CFA, CFP