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
September 6, 2023
Policymakers at the U.S. central bank have been hesitant to declare victory over inflation, preferring a wait-and-see approach to the prospect of additional rate hikes. The Chicago branch of the… Read more
September 5, 2023
By their nature, financial markets are forward-looking. Entire narratives spin out of economic data points as investors try to determine the near- and long-term trajectories of companies, nations, and even… 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
November 8, 2018
Baby Boomers are heading into retirement with little savings and high debt, according to a new report from Stanford’s Center on Longevity. The study found that, as of 2014, when… Read more
November 7, 2018
Low inventories and higher interest rates are making it harder for Americans to become homeowners, but a new study reveals that those who opt to rent instead are more likely… Read more
November 6, 2018
There were just over 7 million job openings in September, according to the Labor Department’s Job Opening and Labor Turnover Survey (JOLTS). This is down slightly from August, which saw… Read more
November 1, 2018
Unemployment is at the lowest level in decades, wages are increasing, and consumer sentiment is high, but a new study shows that many Americans are struggling to pay bills, manage… Read more
October 30, 2018
The total number of billionaires in the world is growing. According to a new report from the Swiss banking group UBS and consultancy firm PwC, as of 2017, there were… Read more
October 29, 2018
As the housing market continues to lag behind the other sectors of the economy, more homeowners are deciding to just stay put. According to a new report from Attom Data… Read more
October 26, 2018
The U.S. economy looks to be continuing its strong performance. Gross domestic product (GDP) increased at an annual rate of 3.5 percent last quarter. Economists had expected a 3.4 percent… 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.