May 20, 2022
The prices of new homes in China fell for the first time in more than six years, as Beijing’s regulatory crackdown continues to weigh on one of the nation’s biggest… Read more
May 19, 2022
Surging mortgage rates, sky-high prices, and low inventory are weighing heavily on prospective buyers and builders alike as several key gauges of the housing market have fallen to the lowest… Read more
May 17, 2022
Gas prices continue to surge, and the annual amount American households are spending to fill their tank is nearly double what it was last year. U.S. households are now spending… Read more
May 12, 2022
Concerns about inflation have U.S. consumers feeling worse than they have in more than a decade. The University of Michigan’s consumer sentiment index dropped to 59.1 from 65.2 in April,… Read more
May 11, 2022
U.S. inflation cooled slightly last month but remained near the highest level in four decades as economists worry that upward price pressures are broadening. The consumer price index (CPI) climbed… Read more
May 5, 2022
In an effort to avoid costly lockdowns, Chinese cities are enacting regular mandatory Covid testing programs, though economists are split as to how costly and effective such programs will be.… 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
November 3, 2020
Even with unemployment high and consumer confidence lower than pre-pandemic levels, American shoppers plan to spend about the same amount on gifts this holiday season. On average, shoppers plan to… Read more
November 2, 2020
A shift toward spending on goods like automobiles during the pandemic has caused an acceleration in American manufacturing. The Institute for Supply Management’s (ISM) index of national factory activity increased… Read more
October 29, 2020
After a historic GDP contraction in the second quarter, caused by the pandemic and ensuing economic shutdown, expectations for the third quarter were high. The U.S. economy managed to top… Read more
October 28, 2020
After hitting a record high the month before, the U.S. trade deficit in goods fell slightly in September. The gap fell to $79.4 billion from $83 billion. Economists had expected… Read more
October 26, 2020
The number of U.S. households without a bank account fell in recent years. According to a biennial survey the FDIC conducts, the unbanked rate fell from 6.5% in 2017 to… 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.