Charlie’s month-end reading list

Start the fall season right with the latest from the Fort Pitt reading list: The first piece, "Amazon slashes Whole Foods prices as much as 43 percent, channel checks reveal," is a Zero Hedge article that examines Amazon’s recent acquisition of Whole Foods. Amazon has slashed prices on many Whole Foods items…

Charlie’s month-end reading list

Here are a few items for your “back to school” reading list: The first piece, "Baby boomers who refuse to sell are dominating the housing market," is a Bloomberg article by Prashant Gopal that examines the lack of supply in the U.S. housing market. Real estate website Trulia notes that people 55…

Risky business

We hate to admit it, but academicians have pretty much overrun the money management business since the late 1960s. A key weapon in their conquest of investor thinking is Modern Portfolio Theory (MPT). First conceived by Harry Markowitz in the 1950s, MPT states that portfolios can be optimized for expected…

Charlie’s month-end reading list

Here are a few articles to add to your end-of-summer reading list: In the first piece, "Reasons emerge for worst chain-restaurant slump since 2009," Wolf Street reporter Wolf Richter examines the traffic decline in chain restaurants. While the overall restaurant business is doing OK, national and regional chains seem to be suffering…

Charlie’s month-end reading list

With the Fourth of July around the corner, we found a few “sparklers” for our reading list: The first piece, “Investing costs have never been this cheap,” is a CNBC article by Jeff Cox that examines today’s historically low money management costs. Investors are migrating from actively managed funds to passive accounts…

Charlie’s month-end reading list

Kick off the summer season with another batch of timely articles circulating at Fort Pitt: The first piece, "Napolitano: The GOP didn't touch the core of Obamacare," is a Mises Institute piece by reporter Ryan McMaken that summarizes Judge Napolitano’s impression of the GOP’s repeal of Obamacare. Napolitano believes that…

The “MAGA” saga

The defining slogan of Donald Trump’s 2016 Presidential campaign was “Make America Great Again” (MAGA).  Presumably he won the election because millions of discouraged voters, particularly those in the Rust Belt, bought into the idea that Mr. Trump could deliver on his MAGA promise. But can he? Does he have…

Charlie’s month-end reading list

We did some spring cleaning and found a few interesting articles floating around. Check out our favorites below: The first piece, "Restoring sight to over 4M people," is a CBS article that discusses the important work of two internationally renowned eye surgeons. Drs. Sanduk Ruit and Geoff Tabin have worked…

Tip of the month: What to know about robo advisors

Skim any financial services news outlet and you’ll find coverage regarding “robo” advisors. Technology obviously plays an ever-greater role in virtually every industry, and financial services is no different. Investopedia defines robo advisors as “online wealth management services that provide automated, algorithm-based portfolio management advice without the use of human financial planners.” At Fort Pitt,…

Charlie’s month-end reading list

It's time again to check out some of the articles we’re reading at Fort Pitt. Here are our favorites from various publications: The first piece, "ObamaCare 2.0" by Wall Street Journal reporter Holman Jenkins, examines the failure of the Affordable Care Act, as well as the (recently rejected) Republican alternative.…