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
June 18, 2020
An additional 1.5 million Americans filed for unemployment last week, as the fallout from the coronavirus continues to ravage the job market. The number topped the 1.3 million that economists… Read more
June 17, 2020
As part of the government’s response to the coronavirus crisis, those on unemployment are currently receiving an extra $600 in benefits. This supplement is set to expire in July, and… Read more
June 16, 2020
Retail sales were expected to have a big month as stores across the nation reopened following the coronavirus pandemic. They easily shattered those expectations though, jumping 17.7% for the month.… Read more
June 12, 2020
The majority of economists in the Wall Street Journal’s most recent economic survey thought that the economic recovery in the U.S. will start soon, if it has not already. More… Read more
June 10, 2020
While it seemed like a foregone conclusion, the American economy officially entered a recession in February amid the coronavirus pandemic. The declaration comes from the National Bureau of Economic Research. … Read more
June 9, 2020
The coronavirus hit the retail industry hard and could result in as many as 25,000 retail stores closing this year. According to research from Coresight, 2020 is on track to… Read more
June 8, 2020
The U.S. economy defied expectations in May by adding nearly 2.5 million jobs instead of shedding millions more, as economists had predicted. The data comes as one of the clearest… 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.