Inflation
Obviously, the ongoing morass in eastern Europe continues to dominate global headlines. That and the recent spike in crude oil prices, especially after the US Administration (and other countries) announced a ban on Russian crude. The…
We all had such high hopes for 2021, didn’t we? I can’t remember just how many times I said something along the lines of “I can’t wait to see 2020 in the rearview mirror,” but it…
This week, the Federal Open Market Committee (FOMC), the monetary policy making arm of the Federal Reserve, met, and signaled the potential for as many as three 0.25% (25 bps) rate hikes in 2022. Further, it…
Unless you haven’t bought anything in the last 12 months or so, you know just about everything is a little more expensive. Further, American consumers are finding things a little harder to find, everyday stuff like…
This week, the Federal Open Market Committee (FOMC), the policy making arm of the Federal Reserve, met, and didn’t make any substantive changes to current monetary policy. No one was expecting it to do so. However,…
This morning was that glorious first morning that when you walk outside you are met with just a bit of chill. “A hint of fall in the air”, if you will. Kids are back in school,…
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…
Presumably due to the stock market’s strong performance during these bizarre times, people have increasingly been asking me when ‘we’ are going to have a correction. After all, the market can’t just keep going up forever,…
Unless you really follow the markets, and I mean really follow them, you might have missed the relatively sharp drop in longer-term interest rates over the last couple of months, especially for US Treasury securities. This…
Written By: John Norris This morning, the Bureau of Labor Statistics (BLS) announced the Consumer Price Index (CPI) for the month of May 2021 increased 0.6%. This was slightly higher than analysts had been expecting. What’s…