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 3, 2020
The sales of newly built homes were increased by almost 1% in April, as compared to the previous month. While this may not seem like much, it is massive when… Read more
June 2, 2020
Those of us hoping for a swift economic recovery from coronavirus pandemic and economic shutdown may have gotten some bad news. According to the Congressional Budget Office, a nonpartisan governmental… Read more
May 29, 2020
Concerns about coronavirus have Americans saving more money than ever before. The personal savings rate, which tracks how much of Americans’ disposable income is being saved, reached a record high… Read more
May 28, 2020
More than 2.1 million more Americans filed for unemployment benefits last week, down from the 2.4 million claims filed the week before. This marks the eighth consecutive week that has… Read more
May 22, 2020
For the first time in more than a quarter-century, China has decided not to issue a GDP growth target for 2020. The move signals that the world’s second-largest economy is… Read more
May 21, 2020
Home sales in April saw the largest month-over-month drop in nearly a decade. Sales of existing homes fell 17.8% from the month before, the largest monthly drop since July 2010.… Read more
May 20, 2020
Most Americans approaching retirement were already underprepared, but the coronavirus lockdown and the ensuing economic downturn have put them even further on the back foot. At the start of 2020,… 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.