November 19, 2019
Even though unemployment is at the lowest level in decades, workers’ pay has been slow to rise. One possible culprit, according to the Wall Street Journal, may be that workers… Read more
November 14, 2019
A 401(k) account is the most common retirement savings plan and is meant to allow workers to generate substantial wealth. Well, that’s the theory at least. The reality is that… Read more
November 13, 2019
A pair of surveys show that the business outlook for the global economy is the gloomiest it has been in a decade. The IHS Markit global business, as well as… Read more
November 8, 2019
Young people are optimistic about their future. Despite high housing costs, stagnating wages and a mountain of student debt, most millennials say they expect to be wealthy. A recent survey… Read more
November 7, 2019
A recent survey from Fannie Mae shows that far fewer Americans think now is the time to buy a home. The mortgage company’s sentiment survey shows that just 21 percent… 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 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
November 29, 2022
US manufacturing activity contracted in November for the first time since the early days of the pandemic, as output slowed amid a third consecutive month of shrinking orders. The Institute… Read more
November 21, 2022
Sales of existing homes in the U.S. fell for a ninth consecutive month in October, the longest streak of declines on record, as surging mortgage rates and higher prices weigh… 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.