July 12, 2019
The first half of the year has Middle-Class Americans feeling less sure about their economic prospects. In a new survey from CUNA Mutual Group, middle-class Americans rated their economic prospects… Read more
July 9, 2019
Demand for rental units in the second quarter was up 11 percent over the same period last year. The surge in demand was unexpected for some economists, who anticipated the… Read more
July 5, 2019
After a weak May, June’s job number rebounded strongly. The U.S. economy added 224,000 jobs in June. This is the best month for job creation since January, and up significantly… Read more
July 2, 2019
The period of recovery that began after the collapse of the housing market is now officially the longest in U.S. history. The current period of economic expansion began in June… Read more
July 1, 2019
Affordability in the housing market is historically low, and many Americans now feel that homeownership will remain beyond their financial reach. A new survey from mortgage company Freddie Mac finds… Read more
June 28, 2019
The U.S. economy grew at a strong 3.1 percent rate in the first quarter, according to the second, unrevised reading. However, a downward revision of the already weak consumer spending… 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
February 22, 2021
Service companies in the U.S. saw a strong increase in activity in February, while their European and Japanese counterparts saw growing declines. The purchasing managers index (PMI) for the U.S.… Read more
February 19, 2021
Demand for single-family homes is has reached a fever pitch, and builders are finding it harder to keep up. One of the major hurdles for homebuilders is the skyrocketing cost… Read more
February 17, 2021
With people on lockdown and eating more at home, commodity prices for ingredients like wheat and sugar and are surging, resulting in higher costs for producers. According to reporting from… Read more
February 16, 2021
U.S. home prices have finally surpassed their previous peak set in the years before the housing crash and Great Recession. The median price of a single-family home climbed 14.9% to… Read more
February 12, 2021
American consumers’ feelings about the economy started February on a down note. Concerns about future business conditions pulled the University of Michigan’s consumer sentiment index down. The index fell to… Read more
February 11, 2021
To find a comparison to the economic impact the coronavirus had on the U.S., economists have to go back nearly 80 years, describing the downturn as the most severe “since… Read more
February 10, 2021
While China surprised many with its rapid recovery to economic growth, it was outperformed by a regional peer. Not every Asian economy has reported official fourth-quarter economic data, but estimates… Read more
February 9, 2021
The number of mortgage delinquencies fell in November to the lowest level since the start of the pandemic but remains much higher than before the pandemic. Roughly 6% of all… Read more
February 5, 2021
After shedding jobs in December, growth returned to the U.S. labor force last month. Nonfarm payrolls increased by 49,000 in January, according to the Labor Department. This was just shy… 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.