January 26, 2023
The U.S. economy showed surprising resilience at the end of 2022, weathering rampant inflation, higher interest rates, and geopolitical uncertainty, even as questions persist over whether growth will turn negative… Read more
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
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
November 28, 2018
Global wage growth saw a 0.6 percent decline in 2017, according to the International Labour Organization’s Global Wage Report. The report is based on data collected from 136 countries. Wage… Read more
November 27, 2018
Home prices rose 5.5 percent year-over-year in September, down from 5.7 percent in the previous month. This marks the lowest annual increase since January 2017. Values continue to rise, but… Read more
November 26, 2018
Consumers’ outlook on the economy fell more than expected for the month. The index dropped to 97.5, down from October’s 98.6. Economists had forecast a smaller decline to 98.3. Despite… Read more
November 19, 2018
Construction of new homes rebounded slightly, increasing by 1.5 percent last month. The Commerce Department said that “starts,” groundbreaking on new construction, rose to a seasonally adjusted rate of 1.23… Read more
November 14, 2018
Many Americans find saving enough for a comfortable retirement to be a daunting task, but those who feel they can’t save enough should be glad they don’t live in Hong… Read more
November 13, 2018
In a preliminary reading for November, the University of Michigan’s consumer sentiment index beat economist predictions, and the index is on track to have its best year in almost two… 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.