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
July 5, 2022
Economic growth in China has moderated this year as the nation continues to close business and lock down regions to fight the spread of Covid. Beijing is set to enact… Read more
June 28, 2022
Europe may need to curtail gas usage by as much as 30% this winter if Russia cuts supply, according to projections from the International Energy Agency (IEA). Europe is already… Read more
June 24, 2022
The International Monetary Fund (IMF) further slashed its growth outlook for the U.S. but expects the economy to “narrowly avoid” a recession this year and next. The IMF now expects… Read more
June 22, 2022
The retail stock traders who jumped into the market during last year’s “meme stock” craze have been eager to exit as the market falls into bear territory. According to data… Read more
June 21, 2022
U.S. home prices continued their rapid climb in May with the median price exceeding $400,000 for the first time, even as sales activity slowed amid higher mortgage rates. The U.S.… Read more
June 15, 2022
Mortgage rates surged by more than half a percentage point this week amid rampant inflation and the largest interest rate increase from the Federal Reserve since 1994. The weekly increase… Read more
June 14, 2022
Retail sales turned negative for the first time in five months in May as consumers pulled back on spending in the face of surging inflation. Retail sales, which include spending… Read more
June 10, 2022
Consumer sentiment fell to the lowest level on record in June, as surging costs for food and gas weighed on American consumers. The University of Michigan’s consumer sentiment index plunged… Read more
June 9, 2022
European consumers dealing with record inflation and worried about the war in Ukraine are likely to are likely cut back on spending this year, dealing a blow to the region’s… 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.