In The News

Was your first job delivering the newspaper, babysitting, or working at a fast-food restaurant? According to the Bureau of Labor Statistics, those born from 1957 to 1964 have held 12.3 jobs between 18 and 52. That’s a lot of jobs! This statistic includes both full-time and part-time jobs and jobs held concurrently. I thought this number was […]

Gross Domestic Product Markets began the year optimistically, with inflation trending lower for six consecutive months, closing 2022.  A higher-than-expected 2.9% GDP January report, coupled with strong employment data, lifted equities across the board.  The sectors that suffered the worst in 2022, such as Technology, Travel & Autos, rallied the most to begin the year. […]

The U.S. debt ceiling has circled the news for months, and now we are approaching a more critical scenario. The debt ceiling is the amount of money the U.S. government is authorized to borrow, which is set by Congress. Think of the debt ceiling as a credit limit on a credit card. Raising the debt […]

From stock market returns to economic data, April can be described as a mixed bag. The largest companies in the U.S. had a strong month, climbing 2.5%, while the smallest companies fell about 2.5%. Economic data was much of the same, the consumer remains resilient, but inflation is sticky. We almost made it through the […]

Have a long-term plan, maintain diversification, and stay the course! Is There a Recession Coming? Are we in a recession? That’s the question on everyone’s mind. First, let’s discuss what the definition of a recession is and how they have interacted with the markets in the past. Knowledge is our best weapon against allowing our […]

Despite a banking crisis and two more Federal Reserve rate hikes, the S&P 500 Index finished the first quarter 7.5% higher. Growth companies, which were the laggards in 2022, climbed 14% during the quarter, while their value counterparts rose just 1%. Opposite growth stocks, commodities were a top performer last year; however, they saw a […]

Allegheny Financial Group awards support organizations making a difference in the North Hills area. Allegheny Financial Group, a financial planning and investment management firm, announced today the 9th Annual Good Neighbor Awards recipients. The six award recipients include Crisis Center North, Girls on the Run at Osborne Elementary in the Quaker Valley School District, HEARTH, […]

Thus far, 2023 has brought us champagne toasts, bouquets of roses, and shamrocks. The next event? Dollars. March and April is tax filing season. Although there is no dropping ball, heart-shaped candy, or green beer, you can still celebrate this time of year by retaining as much of your hard-earned income as possible. In utilizing […]