Tag: Federal Reserve

Thought Leadership

Higher Interest Rates: Summation

In this short series, the Investment Committee at Oakworth Capital Bank explored what might happen if, and when, interest rates rise. The first section focused on the bond market. The second analyzed what it could mean…

Thought Leadership

Higher Interest Rates: Bonds

  Through dumb luck and sheer happenstance some 30 years ago, I found myself working at a buy-side, bond trading desk in Baltimore. To say I didn’t really know what I was doing would be an…

Common Cents

Some Common Cents for May 20th 2016

I can’t remember with certainty all the various Literature courses I took in college, but it safe to say it was more than the core curriculum required. In truth, we didn’t have a lot of patsy,…

Common Cents

Common Cents for September 14th 2012

Yesterday, the Federal Reserve another round of what it calls ‘quantitative easing.’ This is an academics way of saying: “buying bonds with money the Fed created as though out of thin air.” Obviously, the former sounds…