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
October 21, 2021
A closely-watched gauge of investors’ inflation expectations is at its highest level in nearly a decade. This week, the metric, known as the 10-year break-even rate, signaled that over the… Read more
October 19, 2021
Supply-chain bottlenecks and upward price pressure are likely to continue weighing on the U.S. economy well into 2022, according to the economists surveyed in the Wall Street Journal’s most recent… Read more
October 18, 2021
Rising interest rates are expected to severely diminish demand for mortgages next year, with one estimate predicting that total origination volume could fall by one-third. The forecast comes from the… Read more
October 14, 2021
While economic growth loos to have lost momentum in the third quarter, the period delivered stellar results for big U.S. banks. The nation’s largest financial institutions reported strong earnings driven… Read more
October 12, 2021
The International Monetary Fund (IMF) lowered its 2021 growth forecast for the global economy, noting that higher prices and ongoing pandemic-related supply chain disruptions are likely to slow economic growth,… Read more
October 11, 2021
A record number of workers quit their jobs last month, with hospitality and retail workers, in particular, leaving their jobs in droves. According to the Labor Department’s Job Openings and… Read more
October 7, 2021
An unconventional, but closely watched inflation indicator has hit a record high, suggesting that upward price pressure could persist during the months ahead. The Manheim Used Vehicle Value Index, which… 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.