January 26, 2023
The U.S. economy showed surprising resilience at the end of 2022, weathering rampant inflation, higher interest rates, and geopolitical uncertainty, even as questions persist over whether growth will turn negative… Read more
January 19, 2023
Retail spending declined in December at the fastest pace of 2022, ending the holiday shopping season on a sour note, as higher interest rates, persistent inflation, and concerns about an… Read more
January 17, 2023
The World Bank has substantially cut its global growth forecasts for 2023, citing broadly worsening economic conditions since its previous projections made in mid-2022. The group’s latest Global Economics Prospect… Read more
January 3, 2023
The U.K. economy is expected to see a contraction in 2023 that will be nearly as deep as that of Russia, economists expect, as the nation grapples with surging inflation… 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
March 18, 2022
Between the pandemic, surging inflation, and Russia’s invasion of Ukraine, Americans have spent the last few years uncertain about their financial plans, and now, more than half of young Americans… Read more
March 17, 2022
With prices increasing at the fastest pace in 40 years, more Americans are reporting trouble keeping up. In February, inflation-adjusted average weekly earnings fell 2.3% from a year earlier. Only… Read more
March 16, 2022
Economic forecasters have become more concerned about a recession and raised their inflation projections the Federal Reserve kicks off a series of interest rate hikes in an effort to combat… Read more
March 14, 2022
Amid surging home prices and higher mortgage rates, Americans are paying more for their mortgages than ever before. The average payment for a 30-year, fixed-rate mortgage is now $1,230 per… Read more
March 11, 2022
While flexible spending accounts (FSA) can be a great way to save for healthcare expenses, many savers could unexpectedly find their accounts empty. More than $1 billion in FSAs may… Read more
March 10, 2022
Surging energy and food prices in February pushed inflation to the highest level in four decades. The consumer price index, which measures a wide-ranging basket of goods and services, increased… Read more
March 9, 2022
The U.S. trade deficit hit a record high in January as imports of vehicles and energy supplies increased and exports fell. The gap between imports and exports grew by 9.4%… Read more
March 7, 2022
The housing market in the U.S. has seen record-breaking price growth and fierce bidding wars as prospective buyers compete over a historically low number of available houses. A new report… Read more
March 4, 2022
Job growth accelerated in February, posting the biggest monthly gains since July, as the labor force nears pre-pandemic levels. The economy added 678,000 jobs last month, with the unemployment rate… Read more
March 3, 2022
It is becoming increasingly common for Americans, especially young ones, to switch employers or careers several times during their working lives. One downside that comes with such moves is that… 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.