November 26, 2018
Consumers’ outlook on the economy fell more than expected for the month. The index dropped to 97.5, down from October’s 98.6. Economists had forecast a smaller decline to 98.3. Despite… Read more
November 19, 2018
Construction of new homes rebounded slightly, increasing by 1.5 percent last month. The Commerce Department said that “starts,” groundbreaking on new construction, rose to a seasonally adjusted rate of 1.23… Read more
November 14, 2018
Many Americans find saving enough for a comfortable retirement to be a daunting task, but those who feel they can’t save enough should be glad they don’t live in Hong… Read more
November 13, 2018
In a preliminary reading for November, the University of Michigan’s consumer sentiment index beat economist predictions, and the index is on track to have its best year in almost two… Read more
November 12, 2018
Potential home buyers keep a close watch on their credit scores, hoping to maintain a high enough score to qualify for a loan at a good rate. What many may… Read more
November 9, 2018
U.S. wholesale prices increased by 0.6 percent in October, driven primarily by increases in the price of gas, food and chemicals. This marks the largest single-month increase in the last… 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
September 24, 2020
With everyone working from home, tea has become a more popular beverage. It was already the most popular beverage globally, aside from water, with an estimated 3.7 billion cups consumed… Read more
September 23, 2020
The economy has seen a moderate increase in inflation recently, and the Fed rewrote its rules to allow inflation to run higher than its standard 2% target, with some economists… Read more
September 22, 2020
The housing market continues its hot streak, with August following July’s lead in breaking records. Sales of existing homes were up 2.4% for the month for a seasonally adjusted annual… Read more
September 21, 2020
Few would have predicted that following the first quarter’s record drop in household net worth that the second quarter would see a record high. The net worth of American households… Read more
September 18, 2020
In an effort to combat the economic fallout from the coronavirus, governments and central banks around the world have enacted massive stimulus policies and changed to monetary policy. While these… Read more
September 16, 2020
The Securities Exchange Commission has announced the latest event in its ongoing program of paying whistleblowers who alert the agency to actionable financial misconduct. The agency will award $10 million… Read more
September 15, 2020
When the coronavirus forced businesses to close earlier in the year, the hope was that most of them would reopen once the threat of the virus passed. Unfortunately, according to… Read more
September 14, 2020
Freelance work is bigger than ever, contributing $1.2 trillion to the U.S. economy, and with 59 million Americans participating in some form of freelance work in the last 12 months,… 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.