May 16, 2023
Americans boosted their retail spending in April for the first time in three months as consumers struggled to keep pace with climbing interest rates and still-high inflation. Retail sales, which… Read more
April 28, 2023
Despite a yearlong effort to combat inflation, the Federal Reserve’s preferred inflation metric rose again in March. The core personal consumption expenditures (PCE) index, which excludes food and energy, showed… Read more
April 21, 2023
Turmoil in the banking sector had led to slower lending and flattening economic growth, according to a recent report from the Federal Reserve. Banks in several parts of the country… Read more
April 19, 2023
Home sales fell in March, getting the important spring buying season off to a slow start as higher mortgage rates continue to weigh on the market. Sales of existing homes… Read more
April 18, 2023
U.S. consumer spending was down in March for the second consecutive month, adding to growing signs of a slowing economy. Overall spending at stores, online, and in restaurants declined by… Read more
April 12, 2023
Inflation in the U.S. eased in March to the lowest level in nearly two years, but underlying price pressures mean the Federal Reserve may consider another rate increase in May.… 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 29, 2023
The Federal Reserve’s preferred indicator of inflation rose less than expected in August, in a welcoming sign that the central bank’s fight against inflation is making progress. When most analysts… Read more
September 27, 2023
Surging prices at the pump are further straining household budgets, leaving many analysts to wonder if high gas prices will lead to a decline in consumer spending or even GDP.… Read more
September 25, 2023
Surging prices among a handful of commodities are stretching consumer budgets and further complicating the Federal Reserve’s fight against inflation. “Soft” commodities are those that are typically grown rather than… Read more
September 22, 2023
As consumers rack up more credit card debt and interest rates climb steadily higher, credit card companies are seeing losses climb at the fastest pace since the Great Recession. Researchers… Read more
September 22, 2023
The typically hot summer homebuying season ended in summer doldrums as home sales slid again in August, but an ultra-low inventory of homes on the market pushed prices higher. Sales… Read more
September 21, 2023
The Federal Reserve is shooting for something it has never accomplished: a soft landing followed by the slowest rate-cutting cycle in history. The central bank left interest rates unchanged at… Read more
September 18, 2023
U.S. retailers are on pace to hire the lowest number of seasonal workers for this holiday season in 15 years, as employers deal with high labor costs and uncertain consumer… 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
“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.