September 22, 2023
As consumers rack up more credit card debt and interest rates climb steadily higher, credit card companies are seeing losses climb at the fastest pace since the Great Recession. Researchers… Read more
September 22, 2023
The typically hot summer homebuying season ended in summer doldrums as home sales slid again in August, but an ultra-low inventory of homes on the market pushed prices higher. Sales… Read more
September 21, 2023
The Federal Reserve is shooting for something it has never accomplished: a soft landing followed by the slowest rate-cutting cycle in history. The central bank left interest rates unchanged at… Read more
September 18, 2023
U.S. retailers are on pace to hire the lowest number of seasonal workers for this holiday season in 15 years, as employers deal with high labor costs and uncertain consumer… Read more
September 15, 2023
American consumers’ view of the economy ended the summer on a down note, as consumer sentiment edged lower for the second straight month, but their outlook improved somewhat amid falling… Read more
September 14, 2023
Consumer prices climbed in August at the fastest pace in more than a year amid a sharp increase in energy costs, highlighting inflation’s choppy decline and the uncertainty around the… Read more
September 12, 2023
401(k) plans are one of the most common and effective ways that workers can save for retirement, but a new survey showed that many Americans skip out on contributions altogether,… Read more
September 11, 2023
American consumers are worried about their access to consumer loans, credit cards, and mortgages amid high interest rates and tighter lending standards, according to a new report from the New… Read more
September 8, 2023
A rebounding stock market and climbing home prices helped push U.S. household net worth to a record high in the second quarter, according to new Federal Reserve data. The nation’s… Read more
August 25, 2023
Estate planning is something that many of us may not want to think about for years or even decades. Unfortunately, changes to the tax code are creating a sense of… 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
March 17, 2020
Retail sales fell 0.5% in February, suggesting that consumer spending may have been slowing, even before the coronavirus hit the U.S. full force. The drop follows a substantial increase of… Read more
March 13, 2020
The World Travel and Tourism Council (WTTC) has released an estimate of how profound the fallout from the coronavirus outbreak could be for the tourism industry. The organization, which consists… Read more
March 11, 2020
The coronavirus outbreak has roiled markets in the U.S. and across the globe. While the impact on the markets is readily apparent, the true economic cost of the outbreak may… Read more
March 10, 2020
The outbreak of the Coronavirus in China has American companies that do business in the country struggling for profits. While the virus has exacerbated the situation, a new snapshot into… Read more
March 5, 2020
Investors around the world who have been spooked by the coronavirus are looking for secure investments, and they may have found one in American rental properties. CNBC looked at data… Read more
March 4, 2020
The current economic expansion, now in its eleventh year, has shown the resiliency of the American economy. Unemployment is at a historic low and economic growth has remained consistent, if… 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.