Thought Leadership Archive
There you have it. Another week of weird economic data and head-scratching headlines is in the books. For the past couple of years, people have talked about the “New Normal.” If what we are living through…
This week, the Bureau of Economic Analysis (BEA) announced the US economy (GDP) contracted 0.6% during the second quarter of 2022 (2Q). 2Q GDP. This was the second consecutive quarter of economic contraction, as least as…
The rally in the stock markets thus far in July has been a long time coming. While we haven’t mopped up all of the red ink from the first half of the year, this respite from…
In Alabama, the college football season officially starts September 3rd. On that Saturday, Auburn takes on Mercer, and Alabama squares off against Utah State. I can hardly wait. Hey, don’t get me wrong — I am…
There was no shortage of news this week. From the resignation of UK Prime Minister Boris Johnson to the assassination of former Japanese Prime Minister Shinzo Abe to the better than expected Employment Situation for June…
When Georgia won the national championship, we all should have known 2022 was going to be a rocky year. Sure, that might be spurious correlation, and it is; however, the country seems to have staggered from…
Doing what I do for a living, I tend to be popular when I don’t really want to be. After all, when the markets are going up and the economy is humming, who really cares what…
A couple of days ago, my wife asked me what I wanted for Father’s Day. Since I am not her father, I told her I wanted for nothing, and I meant it. If the kids want…
With the exception of Mondays, our investment committee holds a conference call for Oakworth associates every morning. Before each member of our committee shares their thoughts on the economy and markets, I ask them to “give…
This week, the Bureau of Economic Analysis (BEA) released its second stab at calculating the Gross Domestic Product (GDP) equation for the 1st Quarter of 2022. It seems things were slightly worse than previously announced, as…