August 3, 2020
Europe’s fight against the spread of coronavirus has weighed heavily on the region’s economy, which saw a massive contraction even more severe than America’s. The eurozone’s GDP fell by a… Read more
July 31, 2020
A raft of new economic data shows that American consumers have been spending more, but as government stimulus programs come to end, they also have less income and are more… Read more
July 29, 2020
Even as the coronavirus and ensuing lockdown have sent unemployment to historic highs, the U.S. homeownership rate has surged. The homeownership rate climbed to 67.9% in the second quarter, up… Read more
July 28, 2020
After months of lockdown and quarantine, Americans are still hesitant to engage in some economic activities, according to a recent poll. The poll, from First Insight, found that while Americans… Read more
July 23, 2020
Today has been awash in headlines declaring that more people filed for unemployment last week than the week before, a worrying reversal in the downward trend and a potential sign… Read more
July 22, 2020
Sales of existing homes increased by nearly 21% in June as compared with May. This is the largest monthly increase since monthly data began to be tracked in 1968. The… Read more
July 20, 2020
The labor market saw a faster-than-expected rebound between March and June. Weekly applications for unemployment benefits spiked when the virus forced the economy to shut down. The massive 6.8 million… 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
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
January 19, 2023
Retail spending declined in December at the fastest pace of 2022, ending the holiday shopping season on a sour note, as higher interest rates, persistent inflation, and concerns about an… Read more
January 17, 2023
The World Bank has substantially cut its global growth forecasts for 2023, citing broadly worsening economic conditions since its previous projections made in mid-2022. The group’s latest Global Economics Prospect… Read more
January 3, 2023
The U.K. economy is expected to see a contraction in 2023 that will be nearly as deep as that of Russia, economists expect, as the nation grapples with surging inflation… Read more
December 12, 2022
U.S. consumers are feeling more optimistic about inflation amid expectations that both food and energy price increases will be slower in the coming year, according to a New York Federal… Read more
December 6, 2022
One of the main drivers of inflation may be about to turn a corner. Surging housing costs, which have kept inflation high this year, have likely already started to decline,… Read more
December 1, 2022
American consumers stepped up their spending in the run-up to the holiday season, taking advantage of higher wages and a slight easing of still-high inflation. Consumer spending jumped by a… Read more
November 29, 2022
US manufacturing activity contracted in November for the first time since the early days of the pandemic, as output slowed amid a third consecutive month of shrinking orders. The Institute… Read more
November 21, 2022
Sales of existing homes in the U.S. fell for a ninth consecutive month in October, the longest streak of declines on record, as surging mortgage rates and higher prices weigh… 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.