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
September 16, 2020
The Securities Exchange Commission has announced the latest event in its ongoing program of paying whistleblowers who alert the agency to actionable financial misconduct. The agency will award $10 million… Read more
September 15, 2020
When the coronavirus forced businesses to close earlier in the year, the hope was that most of them would reopen once the threat of the virus passed. Unfortunately, according to… Read more
September 14, 2020
Freelance work is bigger than ever, contributing $1.2 trillion to the U.S. economy, and with 59 million Americans participating in some form of freelance work in the last 12 months,… Read more
September 11, 2020
Consumer prices saw solid gains last month, but economists remain divided over what this means in a post-COVID economy. Consumer prices were up 0.4% from July and1.3% from a year… Read more
September 10, 2020
We wrote recently about the K-shaped recovery, where some aspects of the economy have bounced back quickly, but others struggle to regain their footing after the pandemic. Well, the housing… Read more
September 9, 2020
Tourism and hospitality were some of the hardest hit industries when the virus broke out. While things have recovered somewhat domestically, international travelers are still wary of U.S. destinations, which… 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
February 12, 2019
The number of Americans who are more than 90 days behind on their auto loans has reached a new record, according to new data from the New York Federal Reserve.… Read more
February 11, 2019
A slight majority, 53 percent, of small business owners predict that the U.S. economy will see a recession in the next year. Though this was the first CNBC and Survey… Read more
February 6, 2019
Much has been made of Millennials’ lower rate of homeownership. While factors like affordability and student debt keep many young people renting for longer, availability is a key factor. A… Read more
January 30, 2019
Despite record-high interest levels on credit cards, 1 in 3 people worry that they may max out their credit cards, according to a new survey from Wallet Hub. Those who… 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.