July 18, 2019
With mortgage rates seeing large drops in recent months, and existing inventory historically low, you would think the nation’s homebuilders would be feeling very confident. Despite this, builder confidence in… Read more
July 15, 2019
Second-quarter earnings are beginning to roll in, and one trend is already emerging. While only about 5 percent of the S&P 500 companies have reported earnings, according to FactSet, more… Read more
July 12, 2019
The first half of the year has Middle-Class Americans feeling less sure about their economic prospects. In a new survey from CUNA Mutual Group, middle-class Americans rated their economic prospects… Read more
July 9, 2019
Demand for rental units in the second quarter was up 11 percent over the same period last year. The surge in demand was unexpected for some economists, who anticipated the… Read more
July 5, 2019
After a weak May, June’s job number rebounded strongly. The U.S. economy added 224,000 jobs in June. This is the best month for job creation since January, and up significantly… Read more
July 2, 2019
The period of recovery that began after the collapse of the housing market is now officially the longest in U.S. history. The current period of economic expansion began in June… Read more
July 1, 2019
Affordability in the housing market is historically low, and many Americans now feel that homeownership will remain beyond their financial reach. A new survey from mortgage company Freddie Mac finds… 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 27, 2022
U.S. consumers’ feelings about the economy deteriorated further in late May, falling to the lowest level in a decade as concerns about inflation weigh on households’ spending intentions. The University… Read more
May 26, 2022
American households increased their spending for the fourth consecutive month in April, but the savings rate plummeted to a 14-year low, suggesting that more Americans are dipping into their savings… Read more
May 25, 2022
Gasoline prices in the U.S. have gotten so high that consumer demand is eroding in the run-up to the summer driving season. Demand on a four-week rolling basis has fallen… Read more
May 24, 2022
Sales of newly built homes in April fell to the lowest level since the beginning of the pandemic as soaring prices and spiking mortgage rates weighed on buyer demand. April’s… 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
“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.