September 22, 2023
As consumers rack up more credit card debt and interest rates climb steadily higher, credit card companies are seeing losses climb at the fastest pace since the Great Recession. Researchers… Read more
September 22, 2023
The typically hot summer homebuying season ended in summer doldrums as home sales slid again in August, but an ultra-low inventory of homes on the market pushed prices higher. Sales… Read more
September 21, 2023
The Federal Reserve is shooting for something it has never accomplished: a soft landing followed by the slowest rate-cutting cycle in history. The central bank left interest rates unchanged at… Read more
September 18, 2023
U.S. retailers are on pace to hire the lowest number of seasonal workers for this holiday season in 15 years, as employers deal with high labor costs and uncertain consumer… Read more
September 15, 2023
American consumers’ view of the economy ended the summer on a down note, as consumer sentiment edged lower for the second straight month, but their outlook improved somewhat amid falling… Read more
September 14, 2023
Consumer prices climbed in August at the fastest pace in more than a year amid a sharp increase in energy costs, highlighting inflation’s choppy decline and the uncertainty around the… Read more
September 12, 2023
401(k) plans are one of the most common and effective ways that workers can save for retirement, but a new survey showed that many Americans skip out on contributions altogether,… Read more
September 11, 2023
American consumers are worried about their access to consumer loans, credit cards, and mortgages amid high interest rates and tighter lending standards, according to a new report from the New… Read more
September 8, 2023
A rebounding stock market and climbing home prices helped push U.S. household net worth to a record high in the second quarter, according to new Federal Reserve data. The nation’s… Read more
August 25, 2023
Estate planning is something that many of us may not want to think about for years or even decades. Unfortunately, changes to the tax code are creating a sense of… 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
July 28, 2023
Inflation showed further signs of cooling in June, as the Federal Reserve’s preferred inflation metric fell to the lowest level since 2021. The personal consumption expenditures (PCE) price index increased… Read more
July 27, 2023
The U.S. economy shrugged off recessionary fears in the second quarter as gross domestic product (GDP) growth accelerated to a faster-than-expected pace in the second quarter. GDP, the sum total… Read more
July 25, 2023
After giving the economy a brief pause last month, the Federal Reserve resumed raising interest rates this week with a quarter-percentage-point increase that brings them to the highest level in… Read more
June 16, 2023
Americans continued to open their wallets last month in the latest sign of consumers’ resiliency in the face of still-high inflation and higher interest rates. Retail spending, which includes spending… Read more
June 14, 2023
The eurozone entered a technical recession in the first quarter of the year as consumers struggled to keep pace with rampant inflation, and economists are not optimistic for the continent’s… Read more
May 30, 2023
Inflation remained stubbornly high in April, increasing the chances for another rate hike or that interest rates could stay higher for longer, according to the Federal Reserve’s preferred inflation index.… 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.