In today’s economy, it’s more important than ever for investors to take a global approach to constructing their portfolios. The United States market share of the global equity market has been on the decline and will likely continue to turn down in the coming years. 10 years ago, the U.S. made up roughly half of… Continue reading →
Bond yields tighten
In my previous post “Bond buyers beware,” I reviewed the recent bond market outlook and detailed our concern over the risk levels within certain fixed income segments. There has been increasing press coverage of an imminent bond bubble due to the low interest rate environment. However, recently the Fed announced their plan to stay on… Continue reading →
Newsletter: Bond buyers beware
In an article for our quarterly Capital Ideas newsletter, I expand on the state of the bond market and voice my concern over the level of risk associated with certain fixed income sectors. Highlighted below are points pulled from the piece that detail our thoughts on today’s monetary environment: To push investors into riskier assets,… Continue reading →
Bonds have more fun
Fort Pitt Capital Group has been managing asset-allocation portfolios of mutual funds since our founding in 1995. We own fund portfolios for many of the same reasons we own individual stocks, including diversity of style, manager and company exposure. We also manage portfolios of funds in order to capture overseas growth and, in the case… Continue reading →
Missed opportunity?
This is my first quarterly letter at Fort Pitt Capital Group. I feel privileged to work with such a fine group of professionals, and energized for the journey ahead with you, our clients. I look forward to working with each of you in pursuit of your financial goals. With this in mind, I thought I’d… Continue reading →
