US Economy
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…
“We expect rates to move upwards over the next couple years” may be one of the most often repeated comments I hear every day in the financial media, and sitting right next to a tv with…
Since the election, I have had more than one person ask me a variant of: “how are we going to pay for everything Trump says he is going to do?” This is ordinarily more rhetorical than…
This week, a client told me my recent newsletters have taken the tone of a frustrated poet. I laughed and told them there was an element of truth to that. After all, the markets seem to…
This week, the European Commission (EU) ordered Apple, Inc., to pay the Irish government $14.6 billion in back taxes it claimed the company owed. Interestingly, the Irish weren’t asking for the money, quite the opposite. They…
The cover of The Economist for the first week of November 1997 is one of my all time favorites. Here it is, and a quick note to the good folks at the magazine: I am not…