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...
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...
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...
We are not in 2008. Headlines reminiscent of the Financial Crisis, “Bank Collapse” or “Government Bailout,” may make it seem like déjà vu, however, Silicon Valley Bank’s (SVB) failure is quite different. Complex securities drove the Great Financial Crisis; no...
After a solid start to 2023, February experienced a repricing of risk assets as markets reacted to new economic data. Although a majority of asset classes finished February in the red, most indexes are still positive for the year, with...
