May 27, 2022
U.S. consumers’ feelings about the economy deteriorated further in late May, falling to the lowest level in a decade as concerns about inflation weigh on households’ spending intentions. The University… Read more
May 26, 2022
American households increased their spending for the fourth consecutive month in April, but the savings rate plummeted to a 14-year low, suggesting that more Americans are dipping into their savings… Read more
May 25, 2022
Gasoline prices in the U.S. have gotten so high that consumer demand is eroding in the run-up to the summer driving season. Demand on a four-week rolling basis has fallen… Read more
May 24, 2022
Sales of newly built homes in April fell to the lowest level since the beginning of the pandemic as soaring prices and spiking mortgage rates weighed on buyer demand. April’s… Read more
May 20, 2022
The prices of new homes in China fell for the first time in more than six years, as Beijing’s regulatory crackdown continues to weigh on one of the nation’s biggest… Read more
May 19, 2022
Surging mortgage rates, sky-high prices, and low inventory are weighing heavily on prospective buyers and builders alike as several key gauges of the housing market have fallen to the lowest… Read more
May 17, 2022
Gas prices continue to surge, and the annual amount American households are spending to fill their tank is nearly double what it was last year. U.S. households are now spending… Read more
May 12, 2022
Concerns about inflation have U.S. consumers feeling worse than they have in more than a decade. The University of Michigan’s consumer sentiment index dropped to 59.1 from 65.2 in April,… 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
September 16, 2019
The amount you’ll need to have saved for retirement varies greatly from person to person, but most financial planners offer up $1 million as the target savings goal. More people… Read more
September 9, 2019
While strong consumer spending is keeping the American economy strong, that spending is weakest at the very top. The rich have begun to slow spending on everything from homes to… Read more
September 5, 2019
Home price gains have been sluggish for the past year, but this summer, they are heating up again. Prices were up 3.6 percent in July over the same month last… Read more
September 3, 2019
American manufacturing contracted in August, making this month the first to decline since 2016. The Institute for Supply Management’s Purchasing Managers’ Index fell to 49.1 percent in August. Any reading… Read more
August 29, 2019
It would make sense that the least valuable bill would be the most ubiquitous. However, the $100 bill recently overtook the $1 bill in circulation volume for the first time… 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.