This past Wednesday, around lunchtime, a couple of co-workers of mine and I found ourselves in Brentwood, TN, in a rental vehicle with the gas light illuminated. The estimated range before the car ran out of…
Thought Leadership
This morning, the Bureau of Labor Statistics (BLS) announced the US economy created 266K net, new payroll jobs during April 2021. Ordinarily, a number like this would elicit a shrug of the shoulders. It is pretty…
Yesterday, Bloomberg News leaked a story about the Biden Administration’s plan to increase the long-term capital gains tax rate for ‘high income earners’ to 39.6%. Couple this with the 3.8% surtax to help fund Medicare, and…
Unemployment Fraud is on the rise across the country and it’s been said that we should expect to see an increase in these types of crimes in the months ahead. This is a form of identity…
As anyone who has recently filled up their gas tank, made improvements to their home, built a house, or bought an appliance will tell you, inflation is back in full force. Their receipts don’t lie. Neither…
Oakworth Capital Bank’s Investment Committee predicted the 1st Quarter of 2021 would set the tone for the markets for the remainder of the year. This had nothing to do with the NFC winning the Super Bowl…
Over the last couple of months, Bessemer, Alabama, has made the headlines more times than it has in the last three decades combined. Once a largely blue-collar, middle-class suburb of Birmingham, the city has experienced declining…
People have continued to ask me how the explosion in deficit spending in Washington will ultimately impact the US economy. It is a great question, one which is on a lot of peoples’ minds, and for…
There are times when I have to catch myself from being a curmudgeon or a grumpy old man. However, something about the current news cycle leaves me waxing nostalgic about a simpler time when things ‘made…
Last year, our Investment Committee produced a 7-part series on our predictions for what ‘The New Normal’ might look like. In Part 5, which I happened to write, I made the following prediction: “despite much wringing…