Charlie’s month-end reading list

Here are some of the latest topics of interest at Fort Pitt Capital Group: “Escaping Poverty - Not Inequality - Is What Matters,” comes from Mises Institute. The history of economic progress shows that luxuries become necessities over time. Cell phones are a great example of this. The second article,…

Our 2020 vision

Given that the stock market generally discounts events at least 6 months in advance, summer is the time for judging the upcoming market year. Investors are turning their focus to 2020 - particularly prospects for world economies, corporate earnings and interest rates. There are four major economic factors driving market…

Charlie’s month-end reading list

Here are some of the latest topics of interest at Fort Pitt Capital Group:  The first article, “Nintendo reportedly moved switch production out of China over Trump’s tariff threats”, comes from Zerohedge. Nintendo has moved production of its popular Switch hand-held gaming console from China to Southeast Asia in an…

The Fault is ours, Ray

According to Forbes Magazine, Ray Dalio, founder of Bridgewater Associates, is America’s second richest money manager. He trails only George Soros in the pantheon of hedge fund “masters of the universe”. Dalio appeared last month on CBS “60 Minutes” to lament the demise of the American dream. He called inequality…

Charlie’s month-end reading list

Here are some of the latest topics of interest at Fort Pitt Capital Group: The first article, “Farmageddon looms: Only 30% of U.S. corn fields have been planted, 5 year average is 66%”, is from ZeroHedge. Many farmers in America’s heartland have not been able to get their crops in…

Charlie’s month-end reading list

Here are some of the latest topics of interest at Fort Pitt Capital Group: “Beware the bold claims of tax-loss harvesting” is from The Wall Street Journal. The article discusses the decades old technique of tax-loss harvesting. Many investors boast about this method, but critics say some advisory firms are…

Charlie’s month-end reading list

Here are some of the latest topics of interest at Fort Pitt Capital Group: The first article, “Here comes the Shanghai Accord 2.0: China unleashes gargantuan credit injection to start 2019” comes from ZeroHedge. This piece discusses China’s record credit impulse in January. Chinese financial institutions extended a record high…