May 27, 2022
U.S. consumers’ feelings about the economy deteriorated further in late May, falling to the lowest level in a decade as concerns about inflation weigh on households’ spending intentions. The University… Read more
May 26, 2022
American households increased their spending for the fourth consecutive month in April, but the savings rate plummeted to a 14-year low, suggesting that more Americans are dipping into their savings… Read more
May 25, 2022
Gasoline prices in the U.S. have gotten so high that consumer demand is eroding in the run-up to the summer driving season. Demand on a four-week rolling basis has fallen… Read more
May 24, 2022
Sales of newly built homes in April fell to the lowest level since the beginning of the pandemic as soaring prices and spiking mortgage rates weighed on buyer demand. April’s… Read more
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
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
September 30, 2020
While much of the focus is on the short-term economic recovery from the coronavirus, a new report outlines some of the long-term challenges facing the economy, and they have nothing… Read more
September 28, 2020
American families saw increased net worth and income in the years leading up to the pandemic, according to the Federal Reserve’s Survey of Consumer Finances. The survey, which is conducted… Read more
September 24, 2020
With everyone working from home, tea has become a more popular beverage. It was already the most popular beverage globally, aside from water, with an estimated 3.7 billion cups consumed… Read more
September 23, 2020
The economy has seen a moderate increase in inflation recently, and the Fed rewrote its rules to allow inflation to run higher than its standard 2% target, with some economists… Read more
September 22, 2020
The housing market continues its hot streak, with August following July’s lead in breaking records. Sales of existing homes were up 2.4% for the month for a seasonally adjusted annual… Read more
September 21, 2020
Few would have predicted that following the first quarter’s record drop in household net worth that the second quarter would see a record high. The net worth of American households… Read more
September 18, 2020
In an effort to combat the economic fallout from the coronavirus, governments and central banks around the world have enacted massive stimulus policies and changed to monetary policy. While these… 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.