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
July 29, 2019
Share buybacks are expected to hit nearly $1 trillion this year, and companies are racking up debt to fuel these repurchases. Goldman Sachs is projecting that S&P 500 companies will… Read more
July 25, 2019
While economists continue to discuss the possibility of an impending recession, Americans’ internet searches suggest it may still be a ways off. Analytics group DataTrek examined internet searches and found… Read more
July 23, 2019
Even as much of the economy is showing signs of a slowdown, a key manufacturing metric is showing that there may still be steam left in the economic expansion. After… Read more
July 19, 2019
A recent Fed survey showed just how precarious many American’s finances are. The Fed’s 2018 Survey of Household Economics and Decision Making showed that 40 percent of American households would… Read more
July 18, 2019
With mortgage rates seeing large drops in recent months, and existing inventory historically low, you would think the nation’s homebuilders would be feeling very confident. Despite this, builder confidence in… Read more
July 15, 2019
Second-quarter earnings are beginning to roll in, and one trend is already emerging. While only about 5 percent of the S&P 500 companies have reported earnings, according to FactSet, more… 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.