January 13, 2021
Consumer prices were up 0.4% in December from the previous month, and 1.4% higher than they were a year prior. “Core” prices, which leave out volatile categories like food and… Read more
January 12, 2021
With the coronavirus pandemic continuing, more Americans were shopping online in 2020. Online purchases during the 2020 holiday season grew 32.2% over the year before, reaching a record $188.2 billion,… Read more
January 11, 2021
With municipal budgets battered by the coronavirus crisis, city and state governments are borrowing more. Issuances of bonds for new projects climbed to $252 billion last year, according to data… Read more
January 7, 2021
When the coronavirus pandemic hit the country, the majority of Americans turned to their retirement savings to get by. A recent survey from Kiplinger’s found that 60% of Americans withdrew… Read more
January 6, 2021
The amount of currency in circulation increased last year at a rate not seen since World War II. As part of the fiscal and monetary response to the coronavirus, the… Read more
January 4, 2021
Economists expect 2021 to get off to a shaky start, but they have high hopes for the second half of the year, according to the Wall Street Journal’s most recent… 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
May 16, 2019
The Atlanta Fed’s GDPNow tracker is predicting slower growth in the second quarter. The closely watched forecast was revised down last week, and is now anticipating just 1.1 percent growth… Read more
May 7, 2019
Job openings surged in March. There were 346,000 new vacancies, for a seasonally adjusted total of 7.5 million, according to the Labor Department. This was a substantial increase from the… Read more
While Most Millennials Expect to be Millionaires, Some Anticipate Never Achieving Financial Security
May 6, 2019
Those born between 1981 and 1996 have lofty financial goals. A new survey from TD Ameritrade found that 53 percent of millennials think they will be millionaires at some point… Read more
May 3, 2019
While recent months have seen moderate wage growth, not all workers are getting in on the share. A new report from the Retirement Equity Lab at the New School for… 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.