July 29, 2021
The U.S. economy grew at a robust pace last quarter but still disappointed. Gross domestic product, which measures all of the goods and services produced, grew by 6.5% in the… Read more
July 27, 2021
The pandemic threw many Americans’ finances into disarray and served as a wake-up call for many of us to reconsider if we had saved enough. When asked how much money… Read more
July 26, 2021
The International Monetary Fund (IMF) is warning that there is a risk that inflation around the world may be more than transitory, and the group is pushing central banks to… Read more
July 23, 2021
Strong demand and historically low inventory continued to push house prices higher in June, setting a new record. The median price for an existing home climbed to $363,000 in June.… Read more
July 22, 2021
Cryptocurrencies like bitcoin have exploded in popularity recently. According to a recent study, more than 10% of Americans have bought or sold some form of cryptocurrency in the last year.… Read more
July 20, 2021
The U.S. economy’s post-pandemic rebound likely peaked in the spring but strong expansion is expected to remain, according to economists surveyed by the Wall Street Journal. Climbing vaccination rates, government… Read more
July 19, 2021
After exploding to new highs this spring, lumber prices have fallen to levels nearing their pre-pandemic norm. Prices for two-by-fours jumped in May to more than double their previous records,… Read more
July 16, 2021
When it comes to teaching students the basics of personal finance, most states fail to make the grade. According to the Nation’s Report Card on Financial Literacy, a study released… 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.