The Fed’s in waiting mode

With a third of the year over already, much of the market volatility encountered in late 2018 is fading in the rear-view mirror. While the China trade dispute has reemerged recently as a top risk for investors, markets are still generally positive for 2019. Brexit and uncertainty about future Fed…

The stock market sees its shadow

Commentators often call a decline in stock prices after a sustained rise a “correction,” as if the previous rise was somehow an error. Normally, we refrain from such nomenclature, because no one knows what drives share prices in the short run. But in the case of recent declines in U.S.…

Tip of the month: What to know about robo advisors

Skim any financial services news outlet and you’ll find coverage regarding “robo” advisors. Technology obviously plays an ever-greater role in virtually every industry, and financial services is no different. Investopedia defines robo advisors as “online wealth management services that provide automated, algorithm-based portfolio management advice without the use of human financial planners.” At Fort Pitt,…

Trump takes over

On January 20, Donald J. Trump became the 45th President of the United States, and we’re all wondering what “The World According to Trump” will look like. Given his penchant for late-night Twitter eruptions and policy head fakes, no one knows if the President-elect is serious about bringing fundamental change…

Market update: Key Q3 takeaways

As 2015 third quarter earnings wind down, here’s a look at how the markets are stacking up. Overall, we’re seeing that S&P 500 earnings have come in as anticipated; about two percent down year over year. If energy companies are excluded, it’s showing about six percent gains year over year.…