Tag Archives: summer doldrums

Who Locked the Dogs Up? Who, Who Who … Summer Doldrums?

As opposed to the 21 year old (Yikes, that was 21 years ago?) very poplar song….

Who Let the Dogs Out” song!

Had to check to make sure the video was ok… not to worry, all safe…

Work with me here… some humor for your Friday and Weekend !!!

Summer Doldrums?

There once upon a time was a part of the year from Memorial Day to Labor Day that was ….. well booooring and quiet….in Capital Markets!

We have not seen that in enough years for it to be striking that it is calm…. SO FAR!

Hopefully the mention does not jinx!

SP 500 Daily Recently

Ok, so it is a short time frame…

Sure there are fireworks in certain VERY speculative parts of the market…

Maybe everyone is just ready to spread their collective wings and safely enjoy the summer?

Could Change of course at a moments notice…

If we had our wish, would just continue and let our oversized clothes be grown into via earnings of public companies…

We will be watching…..

Enjoy your Friday and talk 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.



Q 2 2015 Quarter Performance Report Cover Letter (Clients)

Dear Investor:

Very near the end of the quarter, a triple threat of events occurred that put investors into a more conservative mode. The long awaited possible Greece removal from the Euro nations, China’s overheated market hiccupped, and a Puerto Rican default hit the headlines. We were actually pleasantly surprised market participants were not more restless.


As mentioned in greater detail in our Q 3 Newsletter, which is hot off the presses now, USA earnings, the “Mother’s Milk” of higher stock prices are expected to be very meager, if any, for 2015. With a pause in earnings growth, frothy valuations and the afore mentioned headlines, markets may continue to have a more conservative tone.

Interest Rates

We continue to believe the Federal Open Market Committee (FOMC) will raise rates later this year. While not making headlines at the moment, this may turn out to be the bigger story for the year 2015. It has been nine years since the FOMC has raised rates, and we think the near zero rate environment has overstayed its welcome, and is doing little to help our economy at this time.

Higher rates, MAY be a headwind initially to both equity markets and fixed income, however longer term higher rates may produce a better economic environment.

Summer Doldrums and the Election

Smack in the middle of summer doldrums, many “Wall Streeters” have already headed to their favorite summer retreat, leaving greener hands in control. Combine a heavier than normal summer doldrums, along with Election headlines, we may have a few bumps over the summer. Not to worry, diversification is especially our friend during times such as these.

Have a great rest of your Summer!



John A. Kvale CFA, CFP

Enclosure (Q2 2015 Performance Report)

Jackson Hole Symposium … Summer Doldrums Nearing an End

Each year the Kansas City Federal Reserve hosts a symposium smack in the middle of the summer doldrums …. just as most kids around the US get back to school.

Jackson Hole Symposium

Chairwoman Janet Yellen will give a speech today, that likely will repeat many of her and the FOMC’s (Federal Open Market Committee) prior thoughts. This Jackson Hole Economic Summitweek there were a few favorable economic reports that have us watching for any changes in posture. We will be watching for signals that rates increases may be coming sooner or later than their current stated plans.

Summer Ends Traders Return,  EVENTUALLY

It seems as just yesterday we were announcing summer begins.  This year was interesting as volumes dropped earlier than normal, leading us to believe the Capital Market Air Craft Carrier has been in coast mode for the last several months.

The good news is that the Wall Street engine returns to normal mid-week after labor day in most cases … until then … “Grain of Salt”

Ahhhhh …. but the summer is not over yet. Do not forget to spend time with those special.

Have a Great Friday and near end of summer Weekend !

John A. Kvale CFA, CFP

PS The Kvale homestead will be back to normal Monday, even as the grief of heading back to school has already begun … It only lasts until they see their friends again … haha

8222 Douglas # 590
Dallas, TX 75225


All In Phone system move….Planners planning…

There are times when you hit send and are out of your comfort zone.


Hello New Phone!

Today we officially requested our phone numbers (life line’s) be moved to our new office phone system.  The transfer should take about two weeks and is planned around the end of summer doldrums (yaa…yaa Planners over planning..haha..)

We have tested several numbers and the system multiple times, however our bar is set low for expectations and success, as such we are communicating to you the phones are a moving within two weeks. Fingers crossed and thanks for your patience should we have issues.

Have a Great Day!


PS Today (actally right now)….new lights …tomorrow new conference room door. Next week paint and carpet….we hope to clean up nicely !



8222 Douglas Ave # 590

Dallas, TX 75225