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
December 12, 2022
U.S. consumers are feeling more optimistic about inflation amid expectations that both food and energy price increases will be slower in the coming year, according to a New York Federal… 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 2, 2022
The U.S. economy grew at a modest to moderate pace during the period from mid-January to early February, despite the Omicron variant causing business disruptions and a pullback in consumer… Read more
March 1, 2022
As Americans watch the Ukraine-Russian conflict play out on the other side of the world, they may soon begin to feel the war’s impact on their grocery bills. Russian and… Read more
February 23, 2022
Retirement savers began the year with the highest average 401(k) balance on record,$130,700, according to Fidelity Investments, but the year’s tech slump has sent most of the largest 401(k) funds… Read more
February 22, 2022
New home construction fell in January, the first slowdown in four months, as builders contend with a shortage of skilled laborers and surging material costs. Construction starts on residential units… 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
“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.