Growth and Value
Fort Pitt Capital Group started life as the money management division of a brokerage firm in Pittsburgh.
Emerging Markets on a Bearish Path
The BRICs declined more than 5% on average in 2013, with some indicators looking less than rosy for 2014-2015.
Soros Makes Predictions for World’s Top Economies
George Soros is heartened by current efforts to revive growth in the world’s major economies, the hapless eurozone being the one exception.
Mobius: China to Experience U.S.-Like Housing Crisis
The credit crunch was spiked by the Chinese central bank's tightening of liquidity.
Banking on Recovery with Looser Rules in Place
The New Year seems to have brought a trend toward optimism in global banking, beginning with the European Central Bank. ECB President Mario Draghi boldly announced in January that “we are now back in a normal situation” and no longer in a financial crisis. He did concede, however, that “we...
Market Will Set Yuan Level: China
Investors have been expecting a reduction in how much cash must be kept at PBOC by commercial lenders, after required reserve ratios were cut in November and again in February to lower them from their record high in June of 21.5%.
Factory Activity Slows in China
Falling factory activity in China, mirroring lower demand both among domestic and foreign customers, may force Beijing to turn to growth policies to keep its economy revved up.
Yuan Hits All-Time High
The yuan hit an all-time high on Monday during the day's trading, closing up against the dollar, and traders said it may be on the way to a more than 4% growth rate for 2011.
China May Form More Credit Ratings Agencies
The head of the People's Bank of China said Sunday that the financial institutions should reduce their reliance on foreign credit-rating agencies and that the nation is considering forming its own such entities which would be backed by the government.
Another Sign China Growth Is Stalling: November PMI Falls
In November, HSBC purchasing managers index fell from prior month.