Common Cents & The Rule of Law on June 12, 2020

June 12, 2020, by John Norris

Believe it or not, I have always attempted to be as apolitical as is possible in this newsletter. I don’t always succeed, but I still try nonetheless. Of course, most folks can probably tell by now how I am wired, but talking politics really isn’t my cup of tea. I am not nor will I ever run for an elected office. Also, debating political positions with people has two possible outcomes: 1) they agree with...

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The New Normal Part 7: The Impact & Probable Outcome

June 11, 2020, by Sara McPherson

While economists might not agree on an exact definition or formula for recession, most everyone understands the basics of what one is: a general slowdown in economic activity. Usually, this is due to a decrease in demand relative to the growth in supply. There can be any number of reasons for the former, but there is only one real remedy: slowing the growth in supply in order to reach the market equilibrium price for demand. ...

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Trading Perspectives Podcast #92: Defunding Police Forces

June 9, 2020, by Sara McPherson

Defunding Police Forces With the recent riots and protests happening across the country, many people are pushing to defund police forces.  Some want to transform police forces whereas others want to completely disband them.  Dismantling law enforcement agencies will greatly impact the driving factors of a successful economy and it seems that the people behind the defund movement may not all be on the same page.  What exactly does it mean to defund police forces?...

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Common Cents & Job Growth (?) on June 5, 2020

June 5, 2020, by John Norris

Everyone has heard the cynical expression: “if it seems too good to be true, it probably is.” Obviously, that isn’t always accurate, and life wouldn’t be worth living if it was. For example, I went quail hunting this one time which included a lunch. The staff at the camp fried up chicken wings using Crisco in a cast iron skillet, heavy on the black pepper and paprika. Those, my friends, were too good to be...

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The New Normal Part 6B: A Subjective Comparison to Past New Normals

June 4, 2020, by Sara McPherson

“New Normals” are nothing more than how we live our lives and conduct business after historic changes and/or shocks to the existing status quo. Over the past 20 years, the world has had to deal with several of these, including current one. ​ Read here Listen Here

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The New Normal Part 6A: An Objective Comparison to Past Normals

June 3, 2020, by Lindsey Owens Krausen

As the world works through the global pandemic, the word "unprecedented" has been used to describe the current environment by a majority of companies in their first quarter earnings report. Very few would argue that the synchronized global economic slowdown / shutdown is indeed unprecedented. There is little doubt that some things will never go back to the way they were before COVID-19 entered our life. We are just not sure what those changes are...

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Trading Perspectives Podcast #91: Reality in the Markets vs Real Life

June 3, 2020, by Sara McPherson

Reality: The Markets vs Real Life It’s no doubt that we’ve seen some terrible economic data since the start of the COVID-19 pandemic and now we are seeing riots and protests across the country. Yet somehow the markets keep going up.  This is a weird time for the US Economy as well as the Global Economy and it seems that these recent rallies in the market are fueled by liquidity and the fear of missing...

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Common Cents & Hong Kong on May 29, 2020

May 29, 2020, by John Norris

Yesterday, in part-5 of Oakworth’s ‘New Normal’, I made several predictions about what the ‘new normal’ might be in regards to China and its role in the world. This past Tuesday, on our ‘Trading Perspectives’ podcast, Sam Clement and I discussed the ongoing tensions in Hong Kong and what it might mean moving forward. Today, the stock markets are mostly in the red over trade tensions between the US and the People’s Republic, as well...

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The New Normal Part 5: Global Implications

May 28, 2020, by Sara McPherson

When the dust settles, the smoke clears, and COVID-19 is finally in the rear-view mirror, the world’s geopolitical and economic landscapes will likely look different than they did leading into the pandemic. Some changes will simply be an acceleration in preexisting trends. Others will be a complete surprise. While no one can look into the future with crystal clarity, the following are a few potential changes which we feel could occur over the next several...

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Trading Perspectives Podcast #90: China and The Hong Kong Economy

May 26, 2020, by Sara McPherson

China and The Hong Kong Economy China is trying to exert increasingly great authority over the Hong Kong government and economy. For years it’s been one country 2 systems.  We saw protests last year before the COVID-19 pandemic and Beijing probably does not need Hong Kong like it did 25 years ago.  With the rest of the world focused on the pandemic, is it possible that China is trying to reinitiate their efforts to threaten...

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