January 19, 2023
Retail spending declined in December at the fastest pace of 2022, ending the holiday shopping season on a sour note, as higher interest rates, persistent inflation, and concerns about an… Read more
January 17, 2023
The World Bank has substantially cut its global growth forecasts for 2023, citing broadly worsening economic conditions since its previous projections made in mid-2022. The group’s latest Global Economics Prospect… Read more
January 3, 2023
The U.K. economy is expected to see a contraction in 2023 that will be nearly as deep as that of Russia, economists expect, as the nation grapples with surging inflation… Read more
December 12, 2022
U.S. consumers are feeling more optimistic about inflation amid expectations that both food and energy price increases will be slower in the coming year, according to a New York Federal… Read more
December 6, 2022
One of the main drivers of inflation may be about to turn a corner. Surging housing costs, which have kept inflation high this year, have likely already started to decline,… Read more
December 1, 2022
American consumers stepped up their spending in the run-up to the holiday season, taking advantage of higher wages and a slight easing of still-high inflation. Consumer spending jumped by a… 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
June 22, 2022
The retail stock traders who jumped into the market during last year’s “meme stock” craze have been eager to exit as the market falls into bear territory. According to data… Read more
June 21, 2022
U.S. home prices continued their rapid climb in May with the median price exceeding $400,000 for the first time, even as sales activity slowed amid higher mortgage rates. The U.S.… Read more
June 15, 2022
Mortgage rates surged by more than half a percentage point this week amid rampant inflation and the largest interest rate increase from the Federal Reserve since 1994. The weekly increase… Read more
June 14, 2022
Retail sales turned negative for the first time in five months in May as consumers pulled back on spending in the face of surging inflation. Retail sales, which include spending… Read more
June 10, 2022
Consumer sentiment fell to the lowest level on record in June, as surging costs for food and gas weighed on American consumers. The University of Michigan’s consumer sentiment index plunged… Read more
June 9, 2022
European consumers dealing with record inflation and worried about the war in Ukraine are likely to are likely cut back on spending this year, dealing a blow to the region’s… Read more
June 8, 2022
The U.S. dollar has been on a historic run this year, reaching its strongest level against the euro since 2002. The ICE U.S. dollar index, which gauges the greenback’s strength… Read more
June 7, 2022
The World Bank has sharply cut its growth forecast for the global economy, warning that the coming years may see high inflation and weak growth reminiscent of the stagflation period… Read more
June 2, 2022
Inflation in the eurozone accelerated to a new record in May, and consumers could see prices climb higher as the EU adopts further sanctions against Russian energy. Consumer prices were… 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.