April 2, 2018
Bank of America Merrill Lynch reached a settlement with the state of New York to pay a $42 million fine for having a secret agreement to route client orders to… 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
October 21, 2021
A closely-watched gauge of investors’ inflation expectations is at its highest level in nearly a decade. This week, the metric, known as the 10-year break-even rate, signaled that over the… Read more
October 19, 2021
Supply-chain bottlenecks and upward price pressure are likely to continue weighing on the U.S. economy well into 2022, according to the economists surveyed in the Wall Street Journal’s most recent… Read more
October 18, 2021
Rising interest rates are expected to severely diminish demand for mortgages next year, with one estimate predicting that total origination volume could fall by one-third. The forecast comes from the… Read more
October 14, 2021
While economic growth loos to have lost momentum in the third quarter, the period delivered stellar results for big U.S. banks. The nation’s largest financial institutions reported strong earnings driven… Read more
October 12, 2021
The International Monetary Fund (IMF) lowered its 2021 growth forecast for the global economy, noting that higher prices and ongoing pandemic-related supply chain disruptions are likely to slow economic growth,… Read more
October 11, 2021
A record number of workers quit their jobs last month, with hospitality and retail workers, in particular, leaving their jobs in droves. According to the Labor Department’s Job Openings and… Read more
October 7, 2021
An unconventional, but closely watched inflation indicator has hit a record high, suggesting that upward price pressure could persist during the months ahead. The Manheim Used Vehicle Value Index, which… 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.