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
July 20, 2020
The labor market saw a faster-than-expected rebound between March and June. Weekly applications for unemployment benefits spiked when the virus forced the economy to shut down. The massive 6.8 million… Read more
July 17, 2020
The U.S. housing market has proven to be especially resilient during the coronavirus outbreak, and homebuilders are feeling as confident now as they were before the pandemic. Homebuilder sentiment jumped… Read more
July 15, 2020
The strong rebound and optimistic hopes for a rapid economic recovery have begun to fade, according to the Federal Reserve’s latest Beige Book survey. The survey, based on anecdotal evidence… Read more
July 13, 2020
The coronavirus has hit the United Kingdom’s economy particularly hard. The nation’s total economic output, GDP, was fell more than 20% in May, following a 6% contraction in April. Those… Read more
July 10, 2020
As the economy continues to find its footing, millions of Americans are finding themselves falling behind. In July, 32% of households either missed their housing payment or paid only a… Read more
July 8, 2020
One of the more promising areas of the economy following the coronavirus outbreak has been the housing market. While most of the economy took an unprecedented hit, the housing market… 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.