August 18, 2022
Chinese state media is reporting that local governments could sell more than $229 billion in bonds that would fund infrastructure investment and shore up budget gaps as the nation’s economic… Read more
August 12, 2022
When the Federal Reserve raised interest rates by 75 basis points, it was considered to be an aggressive maneuver, but it pales in comparison to what Argentina’s central bank has… Read more
August 11, 2022
U.S. consumer sentiment hit a three-month high in early August as it continues its climb from a record low earlier this summer. The preliminary August reading of the University of… Read more
August 10, 2022
Global food prices in July saw the largest decline since 2008 as concerns about the global food supply eased following a tentative agreement between Russia and Ukraine that would allow… Read more
August 9, 2022
Americans are lowering their expectations for inflation in the coming years, according to the latest survey from the Federal Reserve Bank of New York. In July, the survey’s respondents expected… Read more
August 5, 2022
While there are many signs that the economy is losing steam, the labor market continues to be red hot, with July’s job numbers far exceeding expectations. The U.S. economy added… Read more
August 3, 2022
With prices climbing at the fastest pace in more than 40 years, more Americans are amassing debt to keep up with the cost of living. The total amount of household… Read more
August 1, 2022
The U.S. economy contracted by 0.9% in the second quarter, following a 1.6% decline in the first quarter. GDP has contracted for the past two consecutive quarters, which, according to… 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 26, 2023
The U.S. economy showed surprising resilience at the end of 2022, weathering rampant inflation, higher interest rates, and geopolitical uncertainty, even as questions persist over whether growth will turn negative… 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
“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.