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 27, 2022
With inflation surging at the fastest level in more than 40 years, American households are having a hard time keeping up with rapidly climbing prices. In a troubling sign for… Read more
July 26, 2022
The International Monetary Fund (IMF) has lowered its outlook for global economic growth for 2022 and 2023 once again, citing the impact that soaring inflation and the war in Ukraine… Read more
July 22, 2022
Rents continued to rise in June, setting another record high, but with climbing mortgage rates making homeownership more expensive, renting remains a better deal in most of the country. The… Read more
July 21, 2022
Initial claims for unemployment benefits climbed to the highest level since mid-November last week in another sign that the historically tight labor market may be beginning to slow. Claims totaled… Read more
July 20, 2022
The U.S housing market continues to rapidly cool as climbing mortgage rates and historic price growth weigh on sales, and economists warn the slowdown may be another sign that the… Read more
July 19, 2022
With inflation surging at the fastest pace in more than 40 years, the Federal Reserve has been aggressive in raising rates and tightening monetary policy. While the Fed hopes that… Read more
July 14, 2022
Another big jump in consumer prices last month has investors weighing the possibility that the Federal Reserve will raise interest rates by a full percentage point later this month, something… 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.