On Last Friday 6-2-23 (Always the first Friday of the new month) – the BLS (Bureau of Labor Statistics) released their regular monthly report of the employment situation…
The Good – Well Maybe?
While the actual “New Jobs” portion of the report… blew the numbers away… so much so that it gives many pause …. including ourselves …
Hat tip Mike Green –
Recall our last Advance Analysis about good ole Standard Deviations…. dang we knew this would come in handy…. this far from the expectations would be VERY unusual….maybe even unbelievable??
The Bad –
The Unemployment rate actually ticked UP…. What ? hmmmmm
Payroll employment increases by 339,000 in May; unemployment rate rises to 3.7%
The Bad Again –
Was going with the Ugly, but it was not really Ugly, just bad or not good again… stay with us here
On Sunday afternoon US time, the OPEC kingpin Saudi Arabia announced additional oil production CUTS…. in order to prop up oil prices which are, in part falling due to demand and demand expectations….
With a fair amount of “Is it over?” Questions over the weekend from various contacts…thought it worth sharing …. Very Doubtful… And we are glass half full folks….
Have a Great “The Good (maybe), the bad and the bad” Monday!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
Another Positive Friday … Pre-View March Review and Emotional Cycle
With Negatives still topping most headlines, I am running with another Positive Friday as we head into a weekend… those that missed, this is the third Positive Friday, here and here are the prior two for an extra Positive Moment … but now this weeks Positives:
Next week we will return to our regularly scheduled three times per week Posts which will include a belated March Review Video (Hair Salons are not essential…look out) and an Emotional Cycle Graph that is homegrown along with forthright ways our family is keeping spirits in check!
Until then…..
Have a GREAT “Positive” Friday and Weekend, Stay Safe!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
jkfinancialinc
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Posted in Education, Investing/Financial Planning, John Kvale, Market Comments, Personal
Tagged Forgiveness Loan, Rebate Check, RMD, Stimulus, Together, Unemployment