June 18, 2018
Two widely followed indicators of U. S. stock market valuation are both near all-time highs, signaling that stocks are extremely expensive. The Cyclically Adjusted Price Earnings (CAPE) ratio utilizes… Read more
June 13, 2018
The U.S. economy is probably growing faster than expected, according to a recent economic model from Goldman Sachs. Goldman Sachs lifted its second-quarter GDP tracking model growth forecast to 4… 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
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
November 2, 2022
Russia is set for the most severe economic slowdown of any major economy this year amid the fallout from its invasion of Ukraine, according to new projections from its central… Read more
November 1, 2022
Job openings surged in September, even as the Federal Reserve seeks to cool down a historically hot labor market in its efforts to tamp down on the worst inflation in… Read more
October 21, 2022
As China endures its most prolonged economic slowdown in years, clear data from the nation is getting harder to find, according to a Wall Street Journal report. The Journal reports… Read more
October 19, 2022
U.S. retail spending was flat in September as shoppers contended with rampant inflation and higher interest rates. Retail sales–which include purchases of goods made in-store and online, as well as… Read more
October 17, 2022
Sales of pre-existing homes fell for an eighth consecutive month in September, the longest streak of monthly declines in 15 years, as surging mortgage rates continue to weigh on 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.