May 13, 2021
Home prices have been climbing at their fastest rate since the 2008 crash. Record-low inventory and massive demand have led to bidding wars fierce competition between potential buyers. Still, the… Read more
May 10, 2021
Over the last year, the price of lumber has exploded. The price for 1000 board feet (bd ft), the standard unit to track prices in the industry, has climbed 377%… Read more
May 6, 2021
Saving for retirement is very personalized. How much you will need depends on a variety of factors like your income, investments, and desired lifestyle in retirement. However, it is only… Read more
May 5, 2021
Last year saw 493 newly minted billionaires, bringing the total number to 2,755. Nearly a quarter of them live in just 10 cities, and, for the first time in seven… Read more
April 30, 2021
The U.S. economy grew by 6.4% in the first quarter of 2021, bringing the economy nearly back to its pre-pandemic size. Aside from the third-quarter surge after the initial reopening… Read more
April 28, 2021
Consumer confidence saw a big jump in April, marking the fourth straight month of gains as vaccine distribution accelerates, business restrictions lift, and stimulus payments hit consumers’ bank accounts. The… Read more
April 27, 2021
The median price for an existing home saw a record-breaking annual price in March, jumping 18.4% to $334,500. The surge in prices is being driven by record-low inventory and ultra-low… 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
February 10, 2021
While China surprised many with its rapid recovery to economic growth, it was outperformed by a regional peer. Not every Asian economy has reported official fourth-quarter economic data, but estimates… Read more
February 9, 2021
The number of mortgage delinquencies fell in November to the lowest level since the start of the pandemic but remains much higher than before the pandemic. Roughly 6% of all… Read more
February 5, 2021
After shedding jobs in December, growth returned to the U.S. labor force last month. Nonfarm payrolls increased by 49,000 in January, according to the Labor Department. This was just shy… Read more
February 4, 2021
A persistently high infection rate, prolonged shutdowns, and slow vaccine rollout have held the European economy back, even as the U.S. and China are rebounding. A recent spate of data… Read more
February 2, 2021
The government expects U.S. economic growth to recover “rapidly” following the vaccine rollout. The nonpartisan Congressional Budget Office (CBO) expects GDP to return to its pre-pandemic size by the middle… Read more
January 29, 2021
After a year pent up, tourists are eager to start traveling again this year, but business travelers may not be making reservations any time soon. According to the American Hotel… Read more
January 28, 2021
Economic growth in the year’s end was not enough to make up for the pandemic’s impact earlier in the year, leaving GDP down for the year. On a year-over-year basis,… Read more
January 27, 2021
India, one of the hardest-hit nations during the pandemic, has seen case numbers plunge and lifted most restrictions, but consumers are still in crisis mode, according to a recent report… 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.