As mentioned last Friday, with travels under the belt. wonder of the actual number of bodies headed back to the airports was born.
No doubt, there are fewer flights, less direct and certainly less convenient from a personal sample standpoint… oh and a lot more delays and changes….
A click over to the TSA government website for an updated graph…oh, thank goodness the formatting is better, making the graph much easier to create in short order and accurately (hat tip JP) … those with permanent memories of our posts may recall a web site mentioned here that was neat and had all sorts of cool features…. which is now subscription based…. grrr …. Not to worry, new TSA Formatting to the rescue…
Updated TSA Throughput as of 11-6-21 – Getting Closer
While at a Halloween get together, the night before a trip, mention of the up coming trip(s) garnered multiple comments from former road warrior travelers (weekly) that they were permanently grounded and had no plans or intentions to move from the Virtual meeting to the actual in flesh….
Wonder if my small sample size means the difference noted in the graph above is from the Business Traveler… were not very many on my small sample size!
Have a Great “TSA Updated Traveler” Day!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
$treet-¢ents 
Q 2 2021 Review – Return to Normal, Inflation Here to Stay or Transitory
Slowly Returning to Normal, or Some Similarities
With hindsight available as our measuring stick, it appears that sometime between March and April earlier this year things across the country really began to return to some type of normal.
As noted in our blog at street-cents.com and in the prior newsletter TSA throughput a measurement of airport travel looks to possibly eclipse 2019 highs later this year.
Restaurants began opening, some earlier and some much later, depending on the geographic location with patrons welcoming their reopening.
Uncertainty remains on the remote versus office environment. Most think the new normal will not be a complete office environment, but some blend of remote since it is readily acceptable and well tested.
Inflation, Here to Stay or Transitory?
As discussed in detail in our latest Q 3 2021 Newsletter, the most prevalent debate at this moment among market participants is the topic of inflation and it’s staying power, or just transitioning through. The importance of this subject is directly related to the FOMC, chaired by Jerome Powell and the timing of his reduced stimulus. All eyes are on the inflation debate and the timing of the decrease in stimulus and will be sensitive to timing changes.
Not surprisingly economic numbers roared as they met favorable comparisons from last year, but in very recent days, have given the appearance of a return to normalcy already, decreasing concerns of longer-term inflation.
Capital Markets being forward looking are now trying to see what is around the next corner. As earnings continue to return to normal, valuations are finally beginning to be decreased from extremely stretched proportions and as long as earnings outpace returns a continuation of this should occur.
Time is really our friend, and once again the good news is, this will all play out in quarters rather than years. Things can certainly change quickly, and it is not a time to swing for the fences, which we never do!
Have a terrific summer and talk to you at the beginning of fall.
John A. Kvale CFA, CFP
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Posted in Clients/Clients Only, Economy, FOMC, Investing/Financial Planning, Market Comments, Performance Report Cover Letter
Tagged Cover Letter, Inflation, Interest Rates, Newsletter, Q 2 2021 Cover Letter, TSA