February 7, 2020
A booming labor market is pulling in new workers at a record rate. In recent months, nearly three-fourths of all new hires came from outside the workforce, meaning they were… Read more
February 6, 2020
After a long slowdown, global manufacturing has finally begun to show signs of stabilization. Factories in Asia and Europe have been slowing their decline, and U.S. manufacturing hit an important… Read more
February 5, 2020
Most economists have softened on the likelihood of an impending recession, but a new research project from MIT has raised the probability. Researchers have used scientific methods to develop a… Read more
January 31, 2020
The last day of January saw a massive sell-off as fears about the coronavirus outbreak grew. The S&P 500 was down 600 points, erasing any gains for the month, with… Read more
January 30, 2020
The U.S. economy grew at 2.1 percent in the fourth quarter, falling in line with economist expectations. This brings 2019’s total GDP growth to 2.3 percent, the slowest in three… Read more
August 25, 2023
Estate planning is something that many of us may not want to think about for years or even decades. Unfortunately, changes to the tax code are creating a sense of… 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
September 29, 2023
The Federal Reserve’s preferred indicator of inflation rose less than expected in August, in a welcoming sign that the central bank’s fight against inflation is making progress. When most analysts… Read more
September 27, 2023
Surging prices at the pump are further straining household budgets, leaving many analysts to wonder if high gas prices will lead to a decline in consumer spending or even GDP.… Read more
September 25, 2023
Surging prices among a handful of commodities are stretching consumer budgets and further complicating the Federal Reserve’s fight against inflation. “Soft” commodities are those that are typically grown rather than… Read more
September 22, 2023
As consumers rack up more credit card debt and interest rates climb steadily higher, credit card companies are seeing losses climb at the fastest pace since the Great Recession. Researchers… Read more
September 22, 2023
The typically hot summer homebuying season ended in summer doldrums as home sales slid again in August, but an ultra-low inventory of homes on the market pushed prices higher. Sales… Read more
September 21, 2023
The Federal Reserve is shooting for something it has never accomplished: a soft landing followed by the slowest rate-cutting cycle in history. The central bank left interest rates unchanged at… Read more
September 18, 2023
U.S. retailers are on pace to hire the lowest number of seasonal workers for this holiday season in 15 years, as employers deal with high labor costs and uncertain consumer… Read more
September 15, 2023
American consumers’ view of the economy ended the summer on a down note, as consumer sentiment edged lower for the second straight month, but their outlook improved somewhat amid falling… Read more
September 14, 2023
Consumer prices climbed in August at the fastest pace in more than a year amid a sharp increase in energy costs, highlighting inflation’s choppy decline and the uncertainty around the… 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.