Economically Speaking

Common Cents for February 9, 2018

February 9, 2018, by John Norris

Section I We have all heard the old adage “don’t put all of your eggs in one basket,” and instinctively know what it means. In the investment industry, we have a fancy name for this particular old saw: diversification. You buy a few shares of this, a couple more of that, and a fistful of ‘those over there’ to hopefully ensure you have something going up when the markets rally AND that not everything ends...

Read More : Common Cents for February 9, 2018 - Full Article

A Quick Note About the Recent Sell Off

February 6, 2018, by John Norris

Is it time to panic? Unless you really don't digest any financial news, you know the stock market has been taken a beating over the last several trading sessions, a bad one. The last hour or so of trading yesterday was about as painful as it gets, almost begging the question: is this 2008 all over again? As I type this, I would answer that question pretty emphatically no. However, that doesn't mean the markets...

Read More : A Quick Note About the Recent Sell Off - Full Article

Common Cents on an Ugly Day in the Markets – Groundhog Day 2018

February 2, 2018, by John Norris

Section I This morning, a client asked me whether I was nervous about the markets, particularly after the way they have behaved over the last week. He pointed out, correctly at the time, stocks were taking it on the chin here on Groundhog Day after a better than expected Employment Situation report. After all, this all but ensures the Federal Reserve will raise the overnight lending target at next month’s FOMC meeting, right? As the...

Read More : Common Cents on an Ugly Day in the Markets – Groundhog Day 2018 - Full Article

Oakworth Capital in Birmingham has moved

January 29, 2018, by Lindsey Owens Krausen

NEW LOCATION, SAME DEDICATION. WE'RE NOW LOCATED AT 850 SHADES CREEK PARKWAY. In order to meet the growing needs of our clients and to continue to provide you with the exceptional level of service you've come to expect from Oakworth Capital, our Birmingham office has moved to a new, larger location. Though our physical address has changed, our personal commitment to serving your individual needs never will. If you have any questions, please do not...

Read More : Oakworth Capital in Birmingham has moved - Full Article

What I Hope Are/Is Common Cents for January 26, 2018

January 26, 2018, by John Norris

Section I Last week, Amazon announced its short list for what everyone is calling its second headquarters. According to the company, this will be a $5 billion investment that could/should/would create some 50,000 new jobs for the lucky city or metro area. Obviously, this would be a game changer for most places, and nothing less than a massive feather in the proverbial economic cap for all. Although Birmingham fought the good fight, it didn’t make...

Read More : What I Hope Are/Is Common Cents for January 26, 2018 - Full Article

This is Common Cents for January 12, 2018

January 12, 2018, by John Norris

Section I Today, I went to a lunch presentation on Alabama’s economy. Years ago, I was somewhat involved in the sponsoring group, and I have decided to start going again, at least occasionally. Laughingly, there are only so many economic presentations I can sit through in a given year. In case you were wondering, that is more paradoxical or oxymoronic than it is ironic. Just saying. I will cut to the quick: the presenter, who...

Read More : This is Common Cents for January 12, 2018 - Full Article

Common Cents for January 5, 2018

January 5, 2018, by John Norris

Section I Everyone knows the old adage: “the more things change, the more they stay the same.” This was particularly true in the markets this week, as stocks just kept on climbing after we changed the calendar on the wall. 2017? 2018? What difference does a man-made concept like a calendar mean when there is money to be made? To be sure, there is nothing in the recent economic data to suggest anything other than...

Read More : Common Cents for January 5, 2018 - Full Article

Oakworth Capital in Birmingham is moving

January 2, 2018, by Lindsey Owens Krausen

WE'RE CHANGING THE WHERE, NOT THE HOW. OAKWORTH CAPITAL IN BIRMIRMINGHAM IS MOVING.  HERE'S WHAT YOU NEED TO KNOW. At Oakworth Capital, a focus on building strong, personal relationships has always been our priority. And over the years, that unwavering approach has meant success for our clients while allowing us to grow as their trusted financial partner. As a result of that growth, our Birmingham office will soon be moving to a new, larger location....

Read More : Oakworth Capital in Birmingham is moving - Full Article

A Little Common Cents This Late in the Year?

December 29, 2017, by John Norris

Section I Here it is, the last business day of the year 2017. Outside my window, it is seasonably chilly without a cloud in the sky. Traffic on the highway, which I can just make out, is a little lighter than it ordinarily is at this time of day. The trees have all lost their leaves, and I struggling to make sense of this past year. For some reason, the first few lines of William...

Read More : A Little Common Cents This Late in the Year? - Full Article

Some Last Minute Advice Before the End of 2017

December 27, 2017, by John Norris

Over the past week, even on Christmas Day, I have been inundated with emails detailing things people should do before the end of the year in light of the recent tax legislation. Many of the so-called recommendations would take a few weeks to hammer out with an attorney, if not months, and time is of the essence. But, you know, some of that stuff sure sounded great….really clever. However, there are still a few last...

Read More : Some Last Minute Advice Before the End of 2017 - Full Article