October 25, 2021
Oil continued its rally Monday, with oil prices hitting another milestone. U.S. oil climbed 1.2% in interday trading, reaching $85.07 a barrel. This is the first time that oil has… Read more
October 21, 2021
A closely-watched gauge of investors’ inflation expectations is at its highest level in nearly a decade. This week, the metric, known as the 10-year break-even rate, signaled that over the… Read more
October 19, 2021
Supply-chain bottlenecks and upward price pressure are likely to continue weighing on the U.S. economy well into 2022, according to the economists surveyed in the Wall Street Journal’s most recent… Read more
October 18, 2021
Rising interest rates are expected to severely diminish demand for mortgages next year, with one estimate predicting that total origination volume could fall by one-third. The forecast comes from the… Read more
October 14, 2021
While economic growth loos to have lost momentum in the third quarter, the period delivered stellar results for big U.S. banks. The nation’s largest financial institutions reported strong earnings driven… Read more
October 12, 2021
The International Monetary Fund (IMF) lowered its 2021 growth forecast for the global economy, noting that higher prices and ongoing pandemic-related supply chain disruptions are likely to slow economic growth,… Read more
October 11, 2021
A record number of workers quit their jobs last month, with hospitality and retail workers, in particular, leaving their jobs in droves. According to the Labor Department’s Job Openings and… 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
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
December 12, 2022
U.S. consumers are feeling more optimistic about inflation amid expectations that both food and energy price increases will be slower in the coming year, according to a New York Federal… Read more
December 6, 2022
One of the main drivers of inflation may be about to turn a corner. Surging housing costs, which have kept inflation high this year, have likely already started to decline,… Read more
December 1, 2022
American consumers stepped up their spending in the run-up to the holiday season, taking advantage of higher wages and a slight easing of still-high inflation. Consumer spending jumped by a… 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.