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
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
January 25, 2019
During the government shutdown, many Americans have seen how missing even one paycheck can have dire financial consequences. The reality is that the majority of American households’ finances are stretched… Read more
January 21, 2019
Fears of an economic slowdown have U.S. consumers feeling less confident. The University of Michigan’s consumer sentiment index fell to 90.7 this month, down from 98.3 last month. This marks… Read more
January 17, 2019
In the Federal Reserve’s latest Beige Book report, the central bank appears generally positive about the economy, but notes a few areas where optimism may be waning. All 12 of… Read more
January 16, 2019
Homeownership for young people has plunged in the past decade, and a new study from the Federal Reserve says that student loan debt may be partly to blame. The study… Read more
January 15, 2019
While most Americans ages 40-59 were able to save for retirement in 2018, doing so wasn’t their most pressing financial concern. A new survey conducted by the AARP and the… 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.