The “Move On” Phase

Market Update The equity market recovery that began in late March picked up steam throughout the second quarter. The S&P 500 Index jumped 20.5%, its biggest quarterly gain since the fourth quarter of 1998. Given extremely depressed investor sentiment, as well as anticipation of massive declines in economic activity, it…

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: “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…

Crossroads

  Click here for First Quarter 2014 Newsletter By Charlie Smith Last year at this time, we were moderately bullish. Our base case for the U.S economy included economic growth again averaging less than 3% for 2013, as consumer deleveraging continued and government deleveraging got started. We thought corporate earnings…

Charlie’s month-end reading list

Welcome back to our bi-weekly reading list series. Over the last couple of weeks, we’ve collected and circulated a number of articles that have struck our interest here at Fort Pitt Capital. Below, we highlight a few for our Ramparts’ readers: Yahoo! Finance reporter Rick Newman weighs in on President…