September 23, 2022
Britain’s new government announced a sweeping series of tax cuts and stimulus policies today, outlining what it hopes will be a path to economic growth despite high inflation. Unfortunately, UK… Read more
September 22, 2022
A comprehensive gauge that measures the direction of the US economy fell again in August for the sixth straight month, fueling fears that the economy is heading for a recession.… Read more
September 21, 2022
The ranks of the world’s millionaires grew at a rapid pace last year, as strong gains in the stock market and surging home prices built wealth. There were 5.2 million… Read more
September 14, 2022
Mortgage rates broke above 6% this week, reaching their highest level since 2008, straining affordability for buyers and raising alarm bells about a slowdown in the housing market. The average… Read more
September 13, 2022
Inflation unexpectedly rose in August as higher shelter and food costs offset a drop in gas prices, according to the Bureau of Labor Statistics. The consumer price index (CPI), which… Read more
August 26, 2022
The Federal Reserve’s preferred inflation gague showed that inflation eased slightly last month as fuel costs continued to fall from record highs. The Personal Consumption Expenditures (PCE) index showed an… Read more
August 25, 2022
The US economy contracted at a slightly slower rate in the second quarter than estimated, according to updated data from the US Bureau of Economic Analysis. The nation’s gross domestic… Read more
August 24, 2022
Inflation in the U.K. could climb as high as 18% by January as the energy prices skyrocket, economists from Citi are projecting. U.K. residents will see an additional 80% increase… 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
October 23, 2018
FICO, one of the nation’s leading credit score companies, has announced plans for a new system that will take into account how potential borrows manage their finances. The new program… Read more
October 22, 2018
As more Baby Boomers are retiring, and people continue to live longer, the demand for long-term specialized care continues to grow, sending costs higher. Nationally, the annual median cost of… Read more
October 19, 2018
The National Association of Realtors announced today that sales of existing homes fell 3.4 percent in September, to a seasonally adjusted annual rate of 5.15 million for the month. Economists… Read more
October 18, 2018
As the American economy continues to fire on all cylinders, investment professionals are expressing increasing doubt about the economic prospects for the rest of the globe. Respondents to the Bank… Read more
October 16, 2018
Student loan debt is a much-discussed issue for Millennials, but a new study shows that it is also getting in the way of other generations’ major life milestones and their… Read more
October 15, 2018
A new study conducted by the Schwartz Center for Economic Policy Analysis has found that two in five middle-class workers and their spouses will be downwardly mobile in retirement, falling… Read more
October 10, 2018
A new survey commissioned by TD Ameritrade has revealed that Americans have lofty ambitions for their retirement years, but are unsure about their finances. Of the 2,002 people surveyed, 8… 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.