July 20, 2020
The labor market saw a faster-than-expected rebound between March and June. Weekly applications for unemployment benefits spiked when the virus forced the economy to shut down. The massive 6.8 million… Read more
July 17, 2020
The U.S. housing market has proven to be especially resilient during the coronavirus outbreak, and homebuilders are feeling as confident now as they were before the pandemic. Homebuilder sentiment jumped… Read more
July 15, 2020
The strong rebound and optimistic hopes for a rapid economic recovery have begun to fade, according to the Federal Reserve’s latest Beige Book survey. The survey, based on anecdotal evidence… Read more
July 13, 2020
The coronavirus has hit the United Kingdom’s economy particularly hard. The nation’s total economic output, GDP, was fell more than 20% in May, following a 6% contraction in April. Those… Read more
July 10, 2020
As the economy continues to find its footing, millions of Americans are finding themselves falling behind. In July, 32% of households either missed their housing payment or paid only a… Read more
July 8, 2020
One of the more promising areas of the economy following the coronavirus outbreak has been the housing market. While most of the economy took an unprecedented hit, the housing market… 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
April 28, 2019
At a recent speaking event, former Federal Reserve Chairman Janet Yellen sounded the alarm about corporate debt. In the event of an economic downturn, she warned that the current levels… Read more
May 13, 2021
Home prices have been climbing at their fastest rate since the 2008 crash. Record-low inventory and massive demand have led to bidding wars fierce competition between potential buyers. Still, the… Read more
May 10, 2021
Over the last year, the price of lumber has exploded. The price for 1000 board feet (bd ft), the standard unit to track prices in the industry, has climbed 377%… Read more
May 6, 2021
Saving for retirement is very personalized. How much you will need depends on a variety of factors like your income, investments, and desired lifestyle in retirement. However, it is only… Read more
May 5, 2021
Last year saw 493 newly minted billionaires, bringing the total number to 2,755. Nearly a quarter of them live in just 10 cities, and, for the first time in seven… Read more
April 30, 2021
The U.S. economy grew by 6.4% in the first quarter of 2021, bringing the economy nearly back to its pre-pandemic size. Aside from the third-quarter surge after the initial reopening… Read more
April 28, 2021
Consumer confidence saw a big jump in April, marking the fourth straight month of gains as vaccine distribution accelerates, business restrictions lift, and stimulus payments hit consumers’ bank accounts. The… Read more
April 27, 2021
The median price for an existing home saw a record-breaking annual price in March, jumping 18.4% to $334,500. The surge in prices is being driven by record-low inventory and ultra-low… Read more
April 26, 2021
As pent-up consumers demand drives economic growth in the coming months, employers may have trouble hiring enough workers to keep up. The Wall Street Journal is reporting that economists expect… 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.