January 22, 2020
Retail sales in the U.S. rose for a third consecutive month in December, adding to hopes that the economy continued moderate growth at the end of 2019. Sales for the… Read more
January 21, 2020
Small business confidence was strong throughout 2019, if one unconventional indicator is to be believed. Business research firm DataTrek tracks the sales of pickup trucks as a sign of the… Read more
January 17, 2020
Low mortgage rates have helped the housing market get off to a strong start in 2020. Total mortgage application volume increased 30 percent last week as compared to the week… Read more
January 16, 2020
We all know you have to spend money to make money, but in the current stock market, you have to spend more than you have in years. What investors are… Read more
January 15, 2020
U.S. consumer prices crept up in December, continuing the decade-long trend of muted inflation. The consumer price index was up 2.3 percent from a year earlier. This brings the total… Read more
January 14, 2020
Low interest rates around the world have sparked a rush to borrow, resulting in unprecedented levels of debt across the globe. A recent report from the Institute for International Finance… Read more
January 10, 2020
The U.S. job market ended 2019 on a down note. The economy added 145,000 jobs last month, falling short of economist predictions of 160,000 new jobs. The unemployment rate remained… 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.