December 8, 2020
Amid surging coronavirus cases and warnings from health officials, many Americans stayed home for Thanksgiving. This caution sent holiday week gasoline sales to the lowest level since 1997. Gasoline sales… Read more
December 7, 2020
This time last year, few would have thought that Chinese exports to the U.S. would reach new heights. The coronavirus upended expectations, however, and as the pandemic drags on, China… Read more
December 2, 2020
Most financial planners agree that, if possible, most people should wait to start taking Social Security benefits. You are eligible to begin receiving benefits at 62, but you will receive… Read more
December 1, 2020
Despite warnings from health officials, U.S. air travel during the Thanksgiving holiday rose to the highest level since the start of the pandemic. According to the Transportation Security Administration, 1.2… Read more
November 30, 2020
There has been some concern over how narrowly concentrated the post-pandemic stock market recovery has been. The biggest gains have largely been concentrated to specific dominant companies, like Amazon and… Read more
November 23, 2020
With multiple viable vaccines on the horizon, many are hopeful that consumers will be eager to resume regular activity, especially for the hardest-hit parts of the economy like travel and… Read more
August 25, 2023
Estate planning is something that many of us may not want to think about for years or even decades. Unfortunately, changes to the tax code are creating a sense of… 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
September 15, 2023
American consumers’ view of the economy ended the summer on a down note, as consumer sentiment edged lower for the second straight month, but their outlook improved somewhat amid falling… Read more
September 14, 2023
Consumer prices climbed in August at the fastest pace in more than a year amid a sharp increase in energy costs, highlighting inflation’s choppy decline and the uncertainty around the… Read more
September 12, 2023
401(k) plans are one of the most common and effective ways that workers can save for retirement, but a new survey showed that many Americans skip out on contributions altogether,… Read more
September 11, 2023
American consumers are worried about their access to consumer loans, credit cards, and mortgages amid high interest rates and tighter lending standards, according to a new report from the New… Read more
September 8, 2023
A rebounding stock market and climbing home prices helped push U.S. household net worth to a record high in the second quarter, according to new Federal Reserve data. The nation’s… Read more
September 6, 2023
Policymakers at the U.S. central bank have been hesitant to declare victory over inflation, preferring a wait-and-see approach to the prospect of additional rate hikes. The Chicago branch of the… Read more
September 5, 2023
By their nature, financial markets are forward-looking. Entire narratives spin out of economic data points as investors try to determine the near- and long-term trajectories of companies, nations, and even… 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.