December 26, 2019
The nation’s wealthiest are cautiously optimistic about the coming year. Just over half, 54 percent, of the millionaires surveyed by CNBC expect the S&P 500 to gain at least 5… Read more
December 20, 2019
While all forms of debt impact someone’s credit score, medical debt, in particular, seems to be making it harder for many Americans to get a mortgage. Prospective buyers with medical… Read more
December 19, 2019
The current economic expansion, already in its 11th year, is expected to continue into a 12th. At least, if the economists who participate in the Wall Street Journal’s economic survey… Read more
December 17, 2019
Christmas shopping has been restrained so far. Even though Black Friday numbers broke records, retail sales for the month came in far below economist predictions. Retail sales for the month… Read more
December 16, 2019
Historically low availability of homes, a strong economy, and millennials belated entering the home buying market all combined have homebuilders feeling more confident than they have in decades. Builder confidence… Read more
December 13, 2019
Seniors are declaring bankruptcy at a rate more than double what it was 25 years ago. A recent study from the Social Science Research Network shows that between 1991 and… Read more
December 11, 2019
Consumer prices were up more than expected in November. Prices were up 2.1 percent annually last month, up from October’s 1.8 percent, mainly due to increases in energy and housing… 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
May 20, 2022
The prices of new homes in China fell for the first time in more than six years, as Beijing’s regulatory crackdown continues to weigh on one of the nation’s biggest… Read more
May 19, 2022
Surging mortgage rates, sky-high prices, and low inventory are weighing heavily on prospective buyers and builders alike as several key gauges of the housing market have fallen to the lowest… Read more
May 17, 2022
Gas prices continue to surge, and the annual amount American households are spending to fill their tank is nearly double what it was last year. U.S. households are now spending… Read more
May 12, 2022
Concerns about inflation have U.S. consumers feeling worse than they have in more than a decade. The University of Michigan’s consumer sentiment index dropped to 59.1 from 65.2 in April,… Read more
May 11, 2022
U.S. inflation cooled slightly last month but remained near the highest level in four decades as economists worry that upward price pressures are broadening. The consumer price index (CPI) climbed… Read more
May 5, 2022
In an effort to avoid costly lockdowns, Chinese cities are enacting regular mandatory Covid testing programs, though economists are split as to how costly and effective such programs will be.… 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.