Tag Archives: MSCI

November 2017 Podcast Video, Financial Planning and Capital Market Update- By John Kvale

Here is our November 2017 Monthly review. If you are too busy to read, feel free to listen as we describe our post and thoughts in friendly podcast format.


November 2017 Video

 Thank You Holiday Party Goers!


Financial Planning Tip(s)-

RMD – Required Minimum Distribution Reminder

In our post here this month, we reminded all of those with birthdays between 7-1-46 and 6-30-47 that have the unique option of deferring their first mandatory RMD taxable distribution to next year, but if you do that will mean you need to take two distributions in the same year.


  • Higher/Lower Income
  • Bigger/Smaller Expenses
  • More/Less Donations

The first year is the only time we get this option, all the future years are mandatory with not option.

Capital Market Comments

A lot of positive indicators – Markets taking notice

It appears the US and Global Economies are finally making a synched recovery. Capital Markets are taking notice.

As we mentioned here, Unemployment rate hit a very low 4.1%

11-1-17 Unemployment rate 10 year trailing

This time, International Markets have wind in their sails as well….

MSCI Global Index

11-30-17 EFA Global

See you on the other side of a New Year !

Happy Fall Season!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.

China added to Important Index, Welcome Aboard!

Last week it was announced a group of large capitalization Chinese company stocks were allowed to be added to a very important global index, the MSCI Emerging Market index. This is great news for China and super news for those following our David Cameron talks from earlier this year.

China added to MSCI Emerging Market IndexChina hainan-105596__340

The fourth time really is a charm, as MSCI (Morgan Stanley Capital International) – most prominent and well known International Index provider – allowed a group of over 200 stocks to EVENTUALLY be added to their MSCI Emerging Market Index. The total inclusion will take several years but is a huge positive for China’s acceptance as a valid economic capital market.

Certainly China has a different social system than the USA, however, if David Cameron is only half correct in his thoughts, embracing rather than shunning China will have positive effects for decades to come.  The addition of China stocks into the MSCI Index may be the first step of many future positive ones to come.

We began a detailed review in our latest Newsletter on International and Emerging Markets but it was shoved tot he floor by our Residential Real Estate Price Movement article.  Everything happens for a reason. This recent announcement is a great addition to the facts and research we were including, look for more abbreviated information to come soon here with the full article(s) to follow in our Next Newsletter!

Have a Great “Mutually Prosperous” Day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.

Pat Yourself on the Back USA …. You are resilient

You know we are the first to be critical of the US. Be it politics, economic decisions, governmental policy or capital markets.


US Earnings Compared to the Rest of the World

Domestic V International EPS


While we crow frequently about the frothy valuations of the US Capital Markets, this chart clearly shows the US profit growth has rebounded resiliently smartly…. Still Frothy, but growing. (This expected earnings are optimistic from our perch, but let’s roll with it no matter… still darn good!)

 Pat Yourself on the Back America You Have Recovered Well


Have a Great Day!

John A. Kvale CFA, CFP

PS Reminder I am out this week, but tethered electronically.

8222 Douglas Ave # 590
Dallas, TX 75225