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
January 8, 2020
The shortage of homes for sale accelerated at the end of the year. The supply of homes for sale in December was down 12 percent annually, a steep decline from… Read more
January 7, 2020
The U.S. trade deficit fell more than expected in November, falling to $43.09 billion, below the economist forecast of $43.6 billion. This was down substantially from October’s $46.9 billion, and… Read more
January 3, 2020
U.S. manufacturing is starting 2020 on a down note. December marks the fifth consecutive month that has seen manufacturing shrink as trade tensions continue to dampen the sector. The Institute… Read more
January 2, 2020
Unemployment may be at a decades-long low, but that doesn’t mean that people aren’t losing jobs. A new report has found that 2019 saw 62,100 jobs lost due to the employer… Read more
December 30, 2019
The standard age for retirement has traditionally been 65. While changes to Social Security have gradually edged that number higher, most Americans have long seen 65 as the age that… Read more
December 26, 2019
The nation’s wealthiest are cautiously optimistic about the coming year. Just over half, 54 percent, of the millionaires surveyed by CNBC expect the S&P 500 to gain at least 5… Read more
December 20, 2019
While all forms of debt impact someone’s credit score, medical debt, in particular, seems to be making it harder for many Americans to get a mortgage. Prospective buyers with medical… 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.