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,…
Thought Leadership
Earlier this week, House Democrats proposed an increase in the top corporate tax rate from the current 21% to 26.5%, along with a sharp increase in the ‘minimum tax’ on foreign income from 10.5% to 16.6%.…
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…
2021’s most inescapable cocktail party conversation may not actually be around a virus and its mutations, at least in some circles. Instead, this year’s winner may be our very own Central Bank’s decisions in regards to…
Would you consider yourself an optimist or a pessimist? Do you see the glass as half-full or half-empty? Are unforeseen setbacks problems or opportunities? Do you find silver linings or dark clouds? Or do you just…
“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…
If you are of a certain age, or like listening to the moldy oldie channel, you might recall a song by Herman’s Hermits called “I’m Henery the Eighth, I am.” If so, you know it is…
What are the effects of rising interest rates on equity markets? It sounds like such a simple question. When looked at in isolation, most would conclude that rising rates would hold back stock prices. Just consider…
There has been a lot of red ink in the global stock markets over the last five trading sessions. However, no one will remember this week because of what the S&P 500 did or how the…
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 understatement,…