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
May 17, 2022
Gas prices continue to surge, and the annual amount American households are spending to fill their tank is nearly double what it was last year. U.S. households are now spending… Read more
May 12, 2022
Concerns about inflation have U.S. consumers feeling worse than they have in more than a decade. The University of Michigan’s consumer sentiment index dropped to 59.1 from 65.2 in April,… Read more
May 11, 2022
U.S. inflation cooled slightly last month but remained near the highest level in four decades as economists worry that upward price pressures are broadening. The consumer price index (CPI) climbed… Read more
May 5, 2022
In an effort to avoid costly lockdowns, Chinese cities are enacting regular mandatory Covid testing programs, though economists are split as to how costly and effective such programs will be.… Read more
May 3, 2022
The “Great Resignation” is still going strong as the number of job openings and the number of workers quitting their jobs both set new records in March. This tight labor… 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.