September 23, 2022
Britain’s new government announced a sweeping series of tax cuts and stimulus policies today, outlining what it hopes will be a path to economic growth despite high inflation. Unfortunately, UK… Read more
September 22, 2022
A comprehensive gauge that measures the direction of the US economy fell again in August for the sixth straight month, fueling fears that the economy is heading for a recession.… Read more
September 21, 2022
The ranks of the world’s millionaires grew at a rapid pace last year, as strong gains in the stock market and surging home prices built wealth. There were 5.2 million… Read more
September 14, 2022
Mortgage rates broke above 6% this week, reaching their highest level since 2008, straining affordability for buyers and raising alarm bells about a slowdown in the housing market. The average… Read more
September 13, 2022
Inflation unexpectedly rose in August as higher shelter and food costs offset a drop in gas prices, according to the Bureau of Labor Statistics. The consumer price index (CPI), which… Read more
August 26, 2022
The Federal Reserve’s preferred inflation gague showed that inflation eased slightly last month as fuel costs continued to fall from record highs. The Personal Consumption Expenditures (PCE) index showed an… Read more
August 25, 2022
The US economy contracted at a slightly slower rate in the second quarter than estimated, according to updated data from the US Bureau of Economic Analysis. The nation’s gross domestic… Read more
August 24, 2022
Inflation in the U.K. could climb as high as 18% by January as the energy prices skyrocket, economists from Citi are projecting. U.K. residents will see an additional 80% increase… Read more
July 12, 2022
For decades, the rise of China has been treated as something of a fait accompli. Economists, politicians and academics have wondered not if, but only when, China would surpass the… Read more
January 29, 2020
The recent coronavirus outbreak has already enacted a human cost. At the time of writing, there have been nearly 4,700 confirmed cases, resulting in more than 100 deaths. Both numbers… Read more
February 18, 2022
Last year saw millions of Americans voluntarily quit their jobs in search of better pay or benefits elsewhere, with the number of workers quitting hitting an all-time high in November.… Read more
February 17, 2022
Home prices climbed in January as buyers competed over a record-low number of homes, eager to purchase before mortgage rates climb higher. The median price for a home last month… Read more
February 16, 2022
Consumer spending rebounded in January, even as shoppers faced the fastest price increases in four decades. Retail spending, which tracks spending at stores, online, and in restaurants, rose by a… Read more
February 11, 2022
Americans’ feelings about the economy are as low as they have been since the worst point of the Great Recession. The University of Michigan’s Economic Sentiment Index has fallen to… Read more
February 10, 2022
The Federal Reserve is expected to kick off a series of interest rate hikes in an effort to combat surging inflation, but the nation’s CEOs expect inflationary pressure to persist,… Read more
February 9, 2022
American consumers took on more debt last year than in any other year since before the 2008 financial crisis. U.S. consumer debt at the end of 2021 totaled $15.6 trillion,… Read more
February 8, 2022
Potential homebuyers are feeling pessimistic as home prices continue to climb and rising mortgage rates make pricey homes less affordable. A monthly survey from Fannie Mae showed that home purchase… Read more
“Modern finance is based on scientific reasoning guided by theory, not subjectivity and speculation.”
John “Mac” McQuown
Patience mitigates risk.
When it comes to investment products, complexity often fosters fraud and abuse.
Portfolio diversification enables investors to manage their fear of the unknown.
Rebalancing is like love, you never have to say you are sorry. You are always selling high and buying low.
A good investment policy should never risk what you already have for something you don’t need.