Tag Archives: Moody’s

August 2023 Audio Video Review – The Brain Tests the Systems- Social Security Statement/Web View Reminder – Four Downgrades Reviewed – Financial Planning and Capital Market Review – By John Kvale CFA, CFP

Hello and Welcome to our August 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!

BREAK IN: Donald the Brain WILL BE reviewing the Schwab TDA Merger information only one of 32k folks to be asked!

Newbies –

We like to articulate our thoughts and review on a Monthly basis our Financial Planning Tips, Capital Markets thoughts and current events!

Hope you enjoy!

August 2023 Video


Financial Planning Tip(s)

Check that Social Security Statement no Matter your age

While a late delivery, we managed to remind all (including ourselves) why we need to review annually our Social Security statement, here in this post…. along with some new features from the SSA (Social Security Administration) in their updated website!

From the post:

Confirm your credits via your Earning History

Confirm you received credits for your hard earned money is very important, and easy…. here is what the screen shot look like – Below- oh, there are new drop downs for excellent help if your credits are not showing

Capital Market Comments

Not one, not two, not three …. but FOUR Downgrades with one called by ourselves – Tap Tap on the back

In this first post we commented that Fitch put a shot across the bow of the USA Credit Boat with a mild downgrade from AAA to AA+

Not to be outdone, another of the big three credit agencies, Moody’s chimed in as we discussed here

Then back into the pool goes Fitch with ANOTHER downgrade…. here we discussed Fitch’s second downgrade and mentioned we were surprised the One of the Big Three were silent….

BOOM that night of our above post, the other big three S&P Global Markets came to the party…. as we discussed here along with a timely fun YTD Bankruptcy Graph from our bud at Visual Capitalist

These downgrades among a couple of other items, not surprising, led to an upward push on rates… highlights to the far right…. already headed back to norms!

Have a Great Day, Talk to You at the End of September !

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.



Moody’s Credit Agency Jumps on Board and Downgrades 10 Banks along with “Keep an Eye Out” for More ….

Just Friday we mentioned Fitch Credit Agency Played Eye Spy and downgraded the USA credit worthiness by a very small amount from AAA to AA+…. the Eye Spy was due in part to the very large government spending acceleration number that showed up in the overzealous GDP print ….

Not to be outdone, a fellow credit agency, Moody’s chimed in as well

Moody’s Downgrades 10 Banks – Keep an eye on Others

As reported here by Reuters, Moody’s jumped into the pool and downgraded a slew of banks as well as put many on watch….

As mentioned in our post on the Fitch Downgrade, the US interest rates moved up after the ratings increase…. it would be expected all banks involved to see their standards tighten as well as their borrowing costs rise as well….

Why is this important you may ask?

This second rating decrease, by Moody’s will in effect help the FOMC in their pursuit of slowing the economy. Banks will broadly tighten lending standards!!

Have a Great “Moody’s Jumps into the Pool Downgrade” Day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.



Surplus = US Upgrade…NICE!

Sequestration, lower government spending, higher taxes…all things we discuss frequently, mostly from the fear factor of a slower economy, however there is a very bright spot.

Moody’s Upgrades the US

Recently, Moody’s increased it’s rating of the United States to stable from negative. While the headlines glowed and the commentators squawked when the downgrade occurred two years ago, hardly a peep was mentioned on the more positive outlook.Upgrade

S&P also increased their opinion, however they have YET to raise their official rating that was decreased in 2011.

Surplus is the reason

According to the Congressional Budget Office,  the deficit is falling and there was recently even a surplus (annual month over month comparison), due to the afore-mentioned items that we worry about at times as they are again a headwind to the economy.

Why So Positive?

A good credit rating is positive for interest rates long-term (keeps them lower), helps keep confidence from our overseas trading partners, and also shows we are heading in the correct direction. Longer term, Moody’s did note, pressure from baby boomers will increase costs in the future. Just another step for steppers!

Have a Great Monday!

John Kvale

8222 Douglas Ave # 590
Dallas, TX 75225