Charlie’s Finance Articles October 2019

Here are Fort Pitt Capital Group’s finance articles for October 2019: Our first article, “Greta Thunberg to Poor Countries: Drop Dead,” comes from Mises Institute. Celebrity climate activist Greta Thunberg wants countries to drastically cut their carbon emissions. But this may hurt poorer countries because carbon emissions growth and economic…

Charlie’s month-end reading list

Here are some of the latest topics of interest at Fort Pitt Capital Group: The first article comes from Bloomberg. “Ancient Greece’s Red Flags for Modern China,” explains how the current conflict between the U.S. and China is similar to when Athens challenged Sparta. When an established power is threatened…

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…