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…

Vladimir Ilyich Trump

“The issue of paper money is the worst kind of compulsory loan… It worsens the conditions principally of the workers, of the poorest section of the population.. It is the chief evil in the financial confusion.” —Vladimir Lenin No stranger to institutional thievery, Lenin would have no trouble recognizing the…

Charlie’s month-end reading list

Here are a few of the latest topics of interest at Fort Pitt Capital Group: The first piece, “Nuclear power subsidies inch forward in Pennsylvania as natural gas industry digs in” is from the Natural Gas Index’s daily news. The article describes a group of Pennsylvania lawmakers advocating taxpayer subsidies…

Charlie’s month-end reading list

Here are some of the latest topics of interest at Fort Pitt Capital Group: The first article, “China’s manufacturing powerhouse Guangdong suspends PMI data release as numbers slide,” is from U.S. News & World Report. A Chinese export hub, Guangdong, has stopped publishing monthly economic data at the “request” of…

The Pottery Barn Economy

Back in 2002, then U.S. Secretary of State Colin Powell had a very blunt and direct way of framing the dilemma over invading Iraq. He called it the Pottery Barn rule: “You break it, you bought it,” he said. Powell’s phraseology ultimately proved prophetic - presaging a painful chapter in American…