Tag Archives: Scott Grannis

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

Here is our August 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.

Enjoy!

September 2017 Video

 

Financial Planning Tip(s)-

Equifax breach

One of our most popular posts this month was here on the Equifax Breach.

Update, it appears the site Equifax set up, after entering some of our individual information to see if our privacy was compromised, defaults to yes for everyone.

The good news was this breach occurred months ago and if we have not had problems yet, at least the aggressive hackers are not using our information.

As mentioned in our post, it is not a matter or if, but when our personal information we be divulged. We need to all act accordingly and protect ourselves to prevent the eventual problems a loss of our information may create.

Real Estate Wire Fraud Issuesfraud-2695269_960_720

Briefly, this important  post about Real Estate Wire Fraud is worth noting again. While after the fact, this type of fraud looks easy to detect, in the throws of what is a stressful time (buying a new home or the like) fraudsters are taking advantage of our vulnerabilities.

If there are any last minute changes to your closing, BE SURE to contact the receiving party to confirm they are legitimate.

Capital Market Comments

United States Dollar Talk

With a few “Sky is Falling” US Dollar headlines, we addressed these concerns front and center in this Post and also in our coming newsletter with the chart below from our fellow blogger and former economist  Scott Grannis and Bloomberg.

20170907_150433563_iOS

Not only is the Unites States Dollar not undervalued, its still too strong using recent history as a guide!

See you at the end of October.

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.
www.jkfinancialinc.com
www.street-cents.com

Is the United States Dollar in Trouble? Nah

After a monstrous run up against almost all other currencies as the FOMC (Federal Open Market Committee- Bernanke now Yellen) began raising rates ……. as a side note and preview of our headline article in our coming Newsletter, this creates headwinds for international investments as well … we digress … recent weakness has brought out the “Chicken Little’s

This chart from 2012-2015

9-16-17 US Dollar Run up 2012-2015

Year to date 2017, the United States Dollar has dropped against other currencies as our international friends begin to pick up their economic pace. Of course this creates chicken little dramatic comments of ….”The US Dollar sky is falling”

YTD 2017 US Dollar

9-16-17 US Dollar YTD 2017

The move up from 70 to 100 (First Chart) is much greater than from 100 back to 92 (Second Chart), but lets look longer term, from a fellow blogger and former chief economist, Scott Grannis…

20170907_150433563_iOS

Not only is the US Dollar not in trouble, over the long term it is still overvalued.

US Dollar in trouble? Nah, not a worry … still overvalued by many!

Have a Great “More Normal Dollar” Day!

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

Some really good news about the USA – A Positive Monday

With the MANY presidential political machines rolling you will most likely hear, just how bad we are as a country. Let’s shed some light on Revenues and expenditures –think Social Security, Medicare and future funding needs.

Two Charts from Scott Grannis

Red Line is spending and Blue, revenues … We like the late 2000’s especially when there was a surplus- for the long-term benefit of the country. The great recession of 07-09 knocked revenues down dramatically as many taxable activities slowed.

US Revenues V Spending

While the blue line-revenues is not crossing currently, it sure is headed in the correct direction. When told how BAD we are– recalling this chart may put things into perspective.

How about the Source of Revenues?

US Revenue Breakout

Have a Positive Monday!

John A. Kvale CFA, CFP

http://www.jkfinancialinc.com
http://www.street-cents.com
8222 Douglas Ave # 590
Dallas, TX 75225