Welcome to our Video and Audio Podcast Review of our Q3 2022 Newsletter. For those on the road or just unable to grab the time to read, our podcast type review gives you the behind the scenes insight to our thoughts, observations and deep views of the entire Newsletter.
BREAK IN – Our new format of greater articles continues as we received many positive comments last quarter…. this quarter we run with it again, but we do have a constant theme…. Positives!
Click the Download button below, for a direct link to an electronic version (an early peek-good ole fashion paper versions are on their way to you shortly) and here for our Newsletter page
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!
The TVT report is based on traffic data from the Highway Performance Monitoring System and on data submitted to the FHWA by State highway agencies throughout the entire U.S. The State highway agencies collect the data through permanent automatic traffic recorders (ATR) on public roadways.
TVT is the abbreviation for Traffic Volume Trends.
All Roads, Urban and Rural Comparison
Makes some sense after you think about it that Rural traffic has bounced back and is tracking almost back to normal…. BUT Urban areas, with workers still working from home, lagging!
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.
With an original Mid-March Corporate Tax Deadline, a regular estimated tax (ES 2021) April deadline … a most states extend 1040 to May deadline and then a June Taxes deadline for Texas and a few other states this could have been the longest tax season ever!
Next week marks the final full finish line of this most confusing and marathon like tax filing year. Thank you very much for your collective patience as it was very confusing to all across the country.
Possible New Economic Tracker
Next week we hope to preview another newly found very cool website that can monitor indirectly the economy, this one … unlike our TSA tracker… does not involving airplanes but boats! With a little luck we will get copyright privileges and can show you directly.
Ahhh … but that is next week, today is a Friday heading into an almost summer weekend. As mentioned near Memorial Day, a hope for an Ark …the rain has stopped …it’s still very wet here but slowly drying …some monster mosquitos that can carry small pets away …. But all good!
Have a great Friday a Super Weekend and talk to you next week!
We are happy to give honor to all those who server in the military and especially those fallen during their service. You give us the ability to live our life safe, and proudly…
Thank you for your service!
Memorial Day Honored
Memorial Day is honored on Monday May 31 2021
Banks, Government offices, Capital Markets and our office will be closed as well
School Schedule – Done Tomorrow – Out of Office Friday
For the first time ever for my gang and likely for the rest of the office, all of our kids are out by tomorrow, mid day at the latest!
With a half day on Thursday heading into the honored weekend, we are planning on being out of the office on Friday and will only be very lightly tethered.
TSA Throughput Update – For Those Flyers
Earlier this week, a nice comment email from a Clemente at www.Fligence.com came through noting the work we had done on TSA Throughput….
After a few exchanged emails, she allowed us to reproduce her company TSA throughput information here with credits of course….
We encourage those interested and especially those that are starting to travel again to go to her company website as you can drill down to your specific airport for latest TSA numbers, daily and even hourly for your travel planning purposes–fligence.com
Timely for those that may be traveling via air this week … with air support personal likely still at low capacity, we are getting closer to full bookings (seems unbelievable from a year ago!)
Ark of Texas
As mentioned frequently, we are an outside family…. actually everyone at our firm are outside people and their families too!
For those 1000 or so followers in other places of the country, there is some weird storm system that is STUCK over Texas.
Lot’s of Rain…
Lemon Aid from Lemons …. Grass is growing if it does not float away to your neighbors yard!
Have a Great Rest of the Week, and Memorial Day – Talk Next Week!
As mentioned on Wednesday’s Slow Moe Money Post, this was actually scheduled for the Hump Day, but was ousted due to our continued snail findings of overwhelmed financial institutions across every aspect of the financial world.
With that in mind, this is a bit of a heavier Friday, but all of these missed the Newsletter due, once again, to your great experiences and questions!
TSA Throughput Updates
While not knowing of this data prior to 2020, we have enjoyed monitoring it greatly….
Hat Tip JP and “The Brain” for noticing my bad data chart and repairing … now we are cooking!
While passenger count is gaining steam, especially notice Thanksgiving Holidays ….
We are still well behind 2019, “Normal” numbers!
Vaccine should help, end of year Holidays will be interesting… not to worry we are so enamored you will certainly see a review here!
Indeeds Job Posting Update – Global and Local
In another fascinating find, and once approved from the company for reproduction, we are just at the tip of the iceberg of this data, as there are well over 100 data bases …. as mentioned here, yep we have reviewed all and so far are just monitoring this Global…
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investments may be appropriate for you, please consult your financial advisor prior to investing!
The is the vocal portion of J.K. Financial, Inc. a Dallas Texas Based Fee Only Total Wealth Financial Planning Firm. Founded by John Kvale, a Dallas Texas Fee only Financial Planner and Total Wealth Manager.