• kansas city financial plannerThe U.S. economic data pipeline was full this week, offering a handful of data releases. The majority of releases were ahead of consensus expectations, affirming the U.S. economy held its own during the government shutdown and beyond.
  • Non-farm payroll report was the main highlight, delivering a second month of job growth above 200k. The ISM manufacturing index, auto sales and new home sales also surprised on the upside in November.
  • The positive turn in economic data will enter into the Fed’s calculus as they plan their exit from quantitative easing (QE). However, developments on Capitol Hill are also important. Fortunately, the latest news on budget developments is modestly encouraging, raising the hopes that mutual dissatisfaction with sequestration will help the two side broker a deal before the New Year.

Source: TD Economics

Kansas City Financial Planner Article of the Week – Bargain-hunting dents U.S. retailers’ November sales: http://reut.rs/1aCA3s8
 
Do you have an investment strategy that seeks to protect your portfolio against volatile economic conditions? Call me to schedule a free review of your current investment portfolio – 913.402.6099.

John P. Chladek, MBA, CFP® is the President of Chladek Wealth Management, LLC, a fee-only financial planning and investment management firm located in Leawood, KS, a suburb of Kansas City near Overland Park. For more information, visit https://www.chladekwealth.com.

All written content on this site is for information purposes only. Opinions expressed herein are solely those of John P. Chladek, MBA, CFP®, President, Chladek Wealth Management, LLC. Material presented is believed to be from reliable sources and we make no representations as to its accuracy or completeness. All information and ideas should be discussed in detail with your individual advisor prior to implementation. Investment Advisory services are offered by Chladek Wealth Management, LLC, a registered investment advisory firm in the State of Kansas. The presence of this web site on the Internet shall in no direct or indirect way be construed or interpreted as a solicitation to sell or offer to sell investment advisory services to any residents of any state other than the State of Kansas or where otherwise legally permitted.