Next week, the Bureau of Labor Statistics (BLS) will release the Consumer Price Index (CPI), colloquially known as inflation, for March 2022. The “Street” is anticipating a reading of 1.2% for the month, which would take…
Thought Leadership
Clearing the clutter, getting organized and reviewing credit reports are good starting points for anyone looking to take charge of their finances. First, we cover how to clear the clutter so you can get organized before…
The days are getting longer and the weather is starting to warm up which means spring is just around the corner. While spring brings with it many fun activities it also brings along the dreaded spring…
If you follow the financial news, you might have recently read something about a “yield curve inversion,” and what that might mean for the economy. This is when shorter-term interest rates are higher than longer-term ones,…
Congratulations to Scott Reed for being named to the Birmingham Business Journal’s Who’s Who in Banking! Your exceptional leadership as Chairman & CEO has positioned Oakworth to remain the #1 Best Bank to Work For in…
This past Wednesday night, I did a little grocery shopping. While I didn’t need much, I walked down every single aisle to kill time while the pharmacy filled my prescription. Not surprisingly, there were a number…
In our new COVID world, it is normal to see shortages throughout the economy. Near empty car lots, and grocery shelves that don’t always have what you need are now common. There is also another shortage…
Yesterday, I had an early morning TV interview with the Fox affiliate here in town. Not surprisingly, the topic was this week’s rate hike, and the impact it will ultimately have on the US consumer and…
The Federal Open Market Committee (FOMC or Committee), the monetary policy making arm of the Federal Reserve, concluded its 2-day meeting this afternoon, and raised the overnight target lending rate between member banks by 0.25% (25…
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…