March 15, 2021
It has been a little more than one year since the Covid-19 pandemic upended the economy, and investors are starting to move on. For the first time since the pandemic… Read more
March 12, 2021
U.S. corporations now have the highest level of debt on record, with the total reaching $10.5 trillion in the 4th quarter of 2020, according to the Federal Reserve. While many… Read more
March 9, 2021
Even as covid numbers fall and business restrictions lift, shoppers are making most of their purchases online. The president of Mastercard said in an interview with CNBC that almost three-quarters… Read more
March 5, 2021
The U.S. economy added 379,000 jobs last month, far exceeding the 210,000 that economists had been expecting. January’s sluggish numbers also saw a significant upward revision, from an initial report… Read more
March 4, 2021
The federal debt is expected to reach a record high of 202% of gross domestic product by 2051, according to the Congressional Budget Office. The CBO attributed the increase to… Read more
March 2, 2021
A combination of scant inventory, high demand, and record-low mortgage rates have combined to give the housing market a big boost in recent months. Now, with interest rates on the… Read more
March 1, 2021
The Consumer Financial Protection Bureau received a record number of complaints from U.S. consumers last year, according to a study from the U.S. Public Interest Research Group. The watchdog group… 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 27, 2022
U.S. consumers’ feelings about the economy deteriorated further in late May, falling to the lowest level in a decade as concerns about inflation weigh on households’ spending intentions. The University… Read more
May 26, 2022
American households increased their spending for the fourth consecutive month in April, but the savings rate plummeted to a 14-year low, suggesting that more Americans are dipping into their savings… Read more
May 25, 2022
Gasoline prices in the U.S. have gotten so high that consumer demand is eroding in the run-up to the summer driving season. Demand on a four-week rolling basis has fallen… Read more
May 24, 2022
Sales of newly built homes in April fell to the lowest level since the beginning of the pandemic as soaring prices and spiking mortgage rates weighed on buyer demand. April’s… Read more
May 20, 2022
The prices of new homes in China fell for the first time in more than six years, as Beijing’s regulatory crackdown continues to weigh on one of the nation’s biggest… Read more
May 19, 2022
Surging mortgage rates, sky-high prices, and low inventory are weighing heavily on prospective buyers and builders alike as several key gauges of the housing market have fallen to the lowest… 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
“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.