It's beginning...

Another week has passed on the shore of Lake Superior in my hometown. The temperatures have remained comfortable, but the snow has arrived, and it's finally beginning to look a lot like Christmas! We got a snowfall on Sunday, and then another good dump last night, so I got the snowblower out for the first time, and it ran well. We enjoyed a New Year celebration with Travis & Joanna; they helps us complete a puzzle that evening. We continue to make progress on the side entry, and Wendy has begun another 1000-piece puzzle. I have revised my investment plays. I began the year with a good green week, despite the fact that all indices are in the red. Investors are struggling with their response to several issues. The USA economy is going great guns with another 200K+ month of job creation, wage growth and the unemployment rate at record lows. However, ISM data show weakness in consumer enthusiasm and spending.  But, inflation is retreating. We're not doing nearly so well up here: job creation is flat, even though wage growth is good and unemployment rate is satisfactory. Meanwhile investors are wondering:

-Big time job creation: That will allow the FED to keep rates high? Sell

-Inflation falling: That will cause the FED to drop the rates! Buy
-ISM number weak: That will force the FED to drop rates! Buy
-ISM number weak: That means the USA is headed for recession! Sell

And thus, we had a week of indecision with equity values falling. 

In the world of sports, we watched the completion of the World Junior Hockey Championships. We were shut out of the medals, while USA beat Sweden to collect the gold. My three teams put up good action in the NHL. The Leafs solidified their place. Oilers and Pens rode their improved play up the standings and now sit just two points out of the playoffs. The #2-Jayhawks began conference play today, and while playing sloppy, still managed to eke out a 2 point win. Rock Chalk Boys! 

Eric and Erica spent the week in Australia and enjoyed touring around there, including a snorkeling trip out to the Great Barrier Reef. Truly, it was the trip of a life time. They have now arrived back in Canada, and will be adjusting to the time and climate change! 

Erin continues her training work with her replacement. Her employer was expecting her to be moved over to Volkswagen by now, but they underestimated how much work she is actually doing! Besides, it's yearend time (the busiest time of the year), and she wishes to help with that before moving on. Kristian did not get as much Math completed over the break as he was expecting (and we were hoping). He needs this if he hopes to get into Sask Polytech in the Fall. 

Travis & Joanna joined us to welcome in 2024 and do a jigsaw puzzle. Now, they're enjoying the last days of Jonas & Gemma's visit, and are also busy back at work. Andrew & Rosie made a road trip to Toronto to visit family down there. We're glad they're safely back home. 

Challenging Jigsaw!

And that's enough for this week!