January 21, 2019
Fears of an economic slowdown have U.S. consumers feeling less confident. The University of Michigan’s consumer sentiment index fell to 90.7 this month, down from 98.3 last month. This marks… Read more
January 17, 2019
In the Federal Reserve’s latest Beige Book report, the central bank appears generally positive about the economy, but notes a few areas where optimism may be waning. All 12 of… Read more
January 16, 2019
Homeownership for young people has plunged in the past decade, and a new study from the Federal Reserve says that student loan debt may be partly to blame. The study… Read more
January 15, 2019
While most Americans ages 40-59 were able to save for retirement in 2018, doing so wasn’t their most pressing financial concern. A new survey conducted by the AARP and the… Read more
January 11, 2019
As gasoline prices plunge, U.S. consumer prices in December decreased for the first time in over nine months. The Consumer Price Index (CPI) dropped 0.1 percent last month. This is… Read more
January 10, 2019
A new survey from the Wall Street Journal found that economists, on average, 56.6 percent of economists expect the U.S. economy to enter a recession by 2020. A quarter sees… Read more
January 8, 2019
December saw American’s feeling about the housing market sour. The number of Americans who think it’s a good time to buy a home fell precipitously last month, according to Fannie… 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
May 13, 2021
Home prices have been climbing at their fastest rate since the 2008 crash. Record-low inventory and massive demand have led to bidding wars fierce competition between potential buyers. Still, the… Read more
May 10, 2021
Over the last year, the price of lumber has exploded. The price for 1000 board feet (bd ft), the standard unit to track prices in the industry, has climbed 377%… Read more
May 6, 2021
Saving for retirement is very personalized. How much you will need depends on a variety of factors like your income, investments, and desired lifestyle in retirement. However, it is only… Read more
May 5, 2021
Last year saw 493 newly minted billionaires, bringing the total number to 2,755. Nearly a quarter of them live in just 10 cities, and, for the first time in seven… Read more
April 30, 2021
The U.S. economy grew by 6.4% in the first quarter of 2021, bringing the economy nearly back to its pre-pandemic size. Aside from the third-quarter surge after the initial reopening… Read more
April 28, 2021
Consumer confidence saw a big jump in April, marking the fourth straight month of gains as vaccine distribution accelerates, business restrictions lift, and stimulus payments hit consumers’ bank accounts. The… Read more
April 27, 2021
The median price for an existing home saw a record-breaking annual price in March, jumping 18.4% to $334,500. The surge in prices is being driven by record-low inventory and ultra-low… Read more
April 26, 2021
As pent-up consumers demand drives economic growth in the coming months, employers may have trouble hiring enough workers to keep up. The Wall Street Journal is reporting that economists expect… 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.