December 19, 2019
The current economic expansion, already in its 11th year, is expected to continue into a 12th. At least, if the economists who participate in the Wall Street Journal’s economic survey… Read more
December 17, 2019
Christmas shopping has been restrained so far. Even though Black Friday numbers broke records, retail sales for the month came in far below economist predictions. Retail sales for the month… Read more
December 16, 2019
Historically low availability of homes, a strong economy, and millennials belated entering the home buying market all combined have homebuilders feeling more confident than they have in decades. Builder confidence… Read more
December 13, 2019
Seniors are declaring bankruptcy at a rate more than double what it was 25 years ago. A recent study from the Social Science Research Network shows that between 1991 and… Read more
December 11, 2019
Consumer prices were up more than expected in November. Prices were up 2.1 percent annually last month, up from October’s 1.8 percent, mainly due to increases in energy and housing… Read more
December 10, 2019
The Canadian economy saw an unexpected loss in jobs last month. Our neighbor to the north shed 71,200 jobs in November, the biggest monthly decline since the financial crisis of… Read more
December 9, 2019
If Realtor.com’s forecast is accurate, next year will be a rough one for the housing market. The housing website is predicting that home sales will drop, home prices will flatten,… 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.