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 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
October 22, 2020
The number of Americans who filed a continuing claim for unemployment benefits fell by more than 1 million during the week ending October 10. This brings the total number to… Read more
October 20, 2020
Shoppers are hoping to make fewer stops this holiday season as coronavirus anxiety remains on their minds. A new survey found that, on average, consumers are planning to go to… Read more
October 19, 2020
China’s economy grew by 4.9% in the third quarter as compared to a year earlier. Though the numbers fall short of the 5.3% projected by economists who were polled by… Read more
October 16, 2020
Even before the pandemic hit, India’s economic growth was slowing. When the virus hit the nation, the economy contracted by nearly one-quarter, the biggest drop for any of the world’s… 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.