February 22, 2022
New home construction fell in January, the first slowdown in four months, as builders contend with a shortage of skilled laborers and surging material costs. Construction starts on residential units… Read more
February 18, 2022
Last year saw millions of Americans voluntarily quit their jobs in search of better pay or benefits elsewhere, with the number of workers quitting hitting an all-time high in November.… Read more
February 17, 2022
Home prices climbed in January as buyers competed over a record-low number of homes, eager to purchase before mortgage rates climb higher. The median price for a home last month… Read more
February 16, 2022
Consumer spending rebounded in January, even as shoppers faced the fastest price increases in four decades. Retail spending, which tracks spending at stores, online, and in restaurants, rose by a… Read more
February 11, 2022
Americans’ feelings about the economy are as low as they have been since the worst point of the Great Recession. The University of Michigan’s Economic Sentiment Index has fallen to… Read more
February 10, 2022
The Federal Reserve is expected to kick off a series of interest rate hikes in an effort to combat surging inflation, but the nation’s CEOs expect inflationary pressure to persist,… Read more
February 9, 2022
American consumers took on more debt last year than in any other year since before the 2008 financial crisis. U.S. consumer debt at the end of 2021 totaled $15.6 trillion,… Read more
February 8, 2022
Potential homebuyers are feeling pessimistic as home prices continue to climb and rising mortgage rates make pricey homes less affordable. A monthly survey from Fannie Mae showed that home purchase… 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.