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Saying “I do,” again?

With the divorce rate of first marriages hovering around 50 percent, it’s common for people to remarry. However, statistics show that in the U.S. there is a 67 percent chance of the second marriage ending in divorce. As you might imagine, most individuals don’t consult their financial advisor before making…

A new interest rate regime

As 2017 began, bond investors speculated on the impact of the new administration’s policies. How inflationary might lower taxes, deregulation and a big infrastructure bill be for the U.S. economy? The first quarter spike in 10-year Treasury rates (shown below) indicated that the bond market was expecting big increases in…

The stock market sees its shadow

Commentators often call a decline in stock prices after a sustained rise a “correction,” as if the previous rise was somehow an error. Normally, we refrain from such nomenclature, because no one knows what drives share prices in the short run. But in the case of recent declines in U.S.…

Charlie’s month-end reading list

Here are some of the latest topics of interest at Fort Pitt Capital: The first piece, “Minimum wage massacre: Canadian part-time jobs crash most in history,” by ZeroHedge, discusses the January unemployment rate in Canada, which rose above 5.9 percent for the first time since 2009. Some believe the increase…