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
October 9, 2020
As we all adjust to the new normal of life during a pandemic, women are increasingly reconsidering how to balance work and their homelives. The latest “Women in the Workplace”… Read more
October 8, 2020
First-time claims for unemployment benefits totaled 840,000 last week, more than the 825,000 that Wall Street had forecast. The number of new claims has remained persistently high since March, and… Read more
October 7, 2020
As part of the response to the coronavirus, the Federal Government put all federal student loans into forbearance, meaning that borrowers could pause making loan payments without any penalty or… Read more
October 5, 2020
With the wild ride that 2020 has been, many people are feeling more financially insecure. One piece of good news is that one of the more vulnerable groups is feeling… Read more
October 2, 2020
Payrolls grew less than expected last month, leaving some economists to wonder if the economic recovery is starting to slow. The nation added 661,000 jobs last month, far short of… Read more
October 1, 2020
In the immediate aftermath of the coronavirus pandemic, it seemed like everyone was working from home. With the exception of frontline workers and those providing essential services, most businesses tried… Read more
September 30, 2020
While much of the focus is on the short-term economic recovery from the coronavirus, a new report outlines some of the long-term challenges facing the economy, and they have nothing… Read more
September 28, 2020
American families saw increased net worth and income in the years leading up to the pandemic, according to the Federal Reserve’s Survey of Consumer Finances. The survey, which is conducted… 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.