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
November 9, 2020
The unemployment rate fell to 6.9% last month, a full percentage point drop from the month before. While this is a promising sign that the labor market is bouncing back… Read more
November 3, 2020
Even with unemployment high and consumer confidence lower than pre-pandemic levels, American shoppers plan to spend about the same amount on gifts this holiday season. On average, shoppers plan to… Read more
November 2, 2020
A shift toward spending on goods like automobiles during the pandemic has caused an acceleration in American manufacturing. The Institute for Supply Management’s (ISM) index of national factory activity increased… Read more
October 29, 2020
After a historic GDP contraction in the second quarter, caused by the pandemic and ensuing economic shutdown, expectations for the third quarter were high. The U.S. economy managed to top… Read more
October 28, 2020
After hitting a record high the month before, the U.S. trade deficit in goods fell slightly in September. The gap fell to $79.4 billion from $83 billion. Economists had expected… 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.