Common Cents Blog
Yesterday, in part-5 of Oakworth’s ‘New Normal’, I made several predictions about what the ‘new normal’ might be in regards to China and its role in the world. This past Tuesday, on our ‘Trading Perspectives’ podcast,…
By now, you probably feel you have read the same stories and same headlines over and again. Unfortunately, there isn’t much I can add here today which you haven’t read or seen elsewhere, in some form…
Another week, another slate of really awful looking economic data. I mean really bad. To be sure, Initial Jobless Claims were better than they were the previous week, and some people are taking a measure of…
Despite headlines claiming it was better than expected, this morning’s Employment Situation report was dreadful. It was the worst piece of economic data I have seen in my career, and saying anything other than that is…
Last night, between the time my head hit the pillow and when I finally fell asleep, I wondered how much longer stocks could rally despite the amazingly awful economic data. To be sure, the US markets…
My wife is a pediatric audiologist, and you know what I do for a living if you are reading this. She views the current situation through a healthcare lens, whereas I see the world in economic…
“Can you stand up? I do believe its working, good.” David Gilmore A few weeks ago, I started warning folks the economic data was going to start looking really weird. Obviously, it would be bad,…
Yesterday, a friend of mine texted me the following: “Not that anyone knows. Do you think we will retest the lows or its upwards from here?” That seems to be the $64K Question these days, doesn’t…
This morning, on the daily conference call our investment committee has with client advisors, someone asked when the “SBA loans for payrolls from the stimulus package” would start making an impact on the economy. This is…
Everyone probably already knows the old expression “don’t look a gift horse in the mouth.” The meaning is pretty simple: don’t question or be otherwise be ungrateful when receiving something for free, as in a gift.…