October 8, 2020
First-time claims for unemployment benefits totaled 840,000 last week, more than the 825,000 that Wall Street had forecast. The number of new claims has remained persistently high since March, and… Read more
October 7, 2020
As part of the response to the coronavirus, the Federal Government put all federal student loans into forbearance, meaning that borrowers could pause making loan payments without any penalty or… Read more
October 5, 2020
With the wild ride that 2020 has been, many people are feeling more financially insecure. One piece of good news is that one of the more vulnerable groups is feeling… Read more
October 2, 2020
Payrolls grew less than expected last month, leaving some economists to wonder if the economic recovery is starting to slow. The nation added 661,000 jobs last month, far short of… Read more
October 1, 2020
In the immediate aftermath of the coronavirus pandemic, it seemed like everyone was working from home. With the exception of frontline workers and those providing essential services, most businesses tried… Read more
September 30, 2020
While much of the focus is on the short-term economic recovery from the coronavirus, a new report outlines some of the long-term challenges facing the economy, and they have nothing… Read more
September 28, 2020
American families saw increased net worth and income in the years leading up to the pandemic, according to the Federal Reserve’s Survey of Consumer Finances. The survey, which is conducted… 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
September 22, 2021
As a massive infrastructure spending bill winds its way through Congress, state and local municipalities across the nation must decide how to use the funds they may receive. Unfortunately, research… Read more
September 20, 2021
The Organization for Economic Cooperation and Development (OCED) has lowered its global growth forecast for the remainder of the year, attributing the slowdown to the Delta variant of the Covid. … Read more
September 13, 2021
The prices that producers paid for goods and services surged in August at the fastest annual pace since at least 2010, according to the Labor Department. The producer price index… Read more
September 10, 2021
Homeownership has always been an important part of the American dream, but for many, it is feeling increasingly unobtainable, according to a recent survey from Lending Tree. The survey found… Read more
September 8, 2021
Most retirees are holding off on tapping their nest eggs until they are required by law to do so, according to new research from J.P. Morgan and the Employee Benefit… Read more
September 7, 2021
As the shortage of crucial semiconductor chips drags on, the automotive industry continues to face massive headwinds, and unfortunately, the problem shows no sign of relenting any time soon. U.S.… 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.