February 25, 2021
Another round of stimulus checks meant Americans had more money to spend in January. Personal income jumped 10% in January, following a 0.6% increase in January. The big gain was… Read more
February 24, 2021
Despite the coronavirus pandemic, the average FICO credit score hit a new high of 711 in the U.S. last year. It may seem counterintuitive that credit scores would climb during… Read more
February 23, 2021
A subcontractor’s failure to check the correct boxes has cost Citigroup more than $500 million. Now, a federal judge, calling the mistake “one of the blunders in banking history,” says… Read more
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
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
April 17, 2019
Saving can be tough. For low and middle-income earners, after paying monthly expenses, there’s often just not much left to save for retirement. Even top earners are not saving enough,… Read more
April 16, 2019
Overall industrial production fell in the first three months of the year. This is the first time that production had a negative quarter since 2017. The drop adds fuel to… Read more
April 11, 2019
March saw the biggest increase in U.S. consumer prices in 14 months. The Labor Department’s Consumer Price Index (CPI) was up 0.4 percent last month, up from a 0.2 percent… Read more
April 8, 2019
While last month’s solid job growth numbers showed that the economy was adding jobs at a healthy clip, it is also shedding them at a worrying pace. 2019 saw the… Read more
April 1, 2019
U.S. retail sales saw an unexpected drop in February, fueling concerns that economic growth may be slowing. Retail sales fell 0.2 percent from the month before, with the biggest drops… 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.