Strong start to 2013 or Simply a Lackluster end to 2012?

Q: Last week you wrote about whether we are in a recession, and were noncommittal. However, the stock market is up and the economic data has been pretty good recently. With all the other bad news out there, why has the U.S. started the year on such strong footing?

A: Why has 2013 started off as good as it has? Well, it is still early, but the easy answer is: because the last half of last year was kind of a dud. However, what is really happening?

Read the full article as previously published in the Montgomery Advertiser March 8, 2013.

The opinions expressed within this report are those of John Norris as of the initial publication of this blog. They are subject to change without notice, and do not necessarily reflect the views of Oakworth Capital Bank, its directors, shareholders, and employees.