February 22, 2021
Service companies in the U.S. saw a strong increase in activity in February, while their European and Japanese counterparts saw growing declines. The purchasing managers index (PMI) for the U.S.… Read more
February 19, 2021
Demand for single-family homes is has reached a fever pitch, and builders are finding it harder to keep up. One of the major hurdles for homebuilders is the skyrocketing cost… Read more
February 17, 2021
With people on lockdown and eating more at home, commodity prices for ingredients like wheat and sugar and are surging, resulting in higher costs for producers. According to reporting from… Read more
February 16, 2021
U.S. home prices have finally surpassed their previous peak set in the years before the housing crash and Great Recession. The median price of a single-family home climbed 14.9% to… Read more
February 12, 2021
American consumers’ feelings about the economy started February on a down note. Concerns about future business conditions pulled the University of Michigan’s consumer sentiment index down. The index fell to… Read more
February 11, 2021
To find a comparison to the economic impact the coronavirus had on the U.S., economists have to go back nearly 80 years, describing the downturn as the most severe “since… Read more
February 10, 2021
While China surprised many with its rapid recovery to economic growth, it was outperformed by a regional peer. Not every Asian economy has reported official fourth-quarter economic data, but estimates… Read more
February 9, 2021
The number of mortgage delinquencies fell in November to the lowest level since the start of the pandemic but remains much higher than before the pandemic. Roughly 6% of all… Read more
February 5, 2021
After shedding jobs in December, growth returned to the U.S. labor force last month. Nonfarm payrolls increased by 49,000 in January, according to the Labor Department. This was just shy… 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
April 28, 2019
At a recent speaking event, former Federal Reserve Chairman Janet Yellen sounded the alarm about corporate debt. In the event of an economic downturn, she warned that the current levels… Read more
February 5, 2020
Most economists have softened on the likelihood of an impending recession, but a new research project from MIT has raised the probability. Researchers have used scientific methods to develop a… Read more
January 31, 2020
The last day of January saw a massive sell-off as fears about the coronavirus outbreak grew. The S&P 500 was down 600 points, erasing any gains for the month, with… Read more
January 30, 2020
The U.S. economy grew at 2.1 percent in the fourth quarter, falling in line with economist expectations. This brings 2019’s total GDP growth to 2.3 percent, the slowest in three… Read more
January 29, 2020
Consumers started 2020 feeling much more optimistic. Consumer confidence jumped to 131.6 for the month, up from 126.5 in December. This is a much larger increase than was expected. Economists… Read more
January 28, 2020
A recent survey on business conditions found an even split between U.S. businesses that intend to decrease employment and those that plan to increase. This is the first time that… Read more
January 27, 2020
The recent coronavirus outbreak in China could not have come at a worse time for the nation’s economy. Already growing at the slowest rate in years, China’s economic growth has… 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.