Some Common Cents for June 27th 2014

June 30, 2014, by John Norris

A few weeks ago, when the noise at the house was a notch below a roar, I needed to have a laugh or two to keep my hair from falling out. So, I did what I sometimes do in those situations, and went to The Onion’s website. For those of you not familiar with The Onion, it is a satirical website and publication, which spoofs contemporary society in an all too realistic manner. To that...

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Some Common Cents for June 20th 2014

June 20, 2014, by John Norris

This week, I was surfing the web, and stumbled across an article which delved into something called “DNA damage theory of aging.” How does that sound for dry? However, it wasn’t; in fact, I was engrossed. Let me give you the Wikipedia definition of the theory, and the address for the scientific paper from which it came ...Read On... The opinions expressed within this report are those of John Norris as of the initial publication...

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Some Common Cents for May 30 2014

June 2, 2014, by John Norris

Last week, I went into the kitchen at the office to get a cup of coffee. A co-worker of mine was in there eating breakfast, and it looked pretty good. So, I asked him what it was, and he told me ‘a breakfast bowl.’ Fair enough, but just what was in it? Scrambled eggs, grits, an d bacon, in pretty copious amounts I must add. But was it good? Obviously, that is a stupid question because:...

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Some Common Cents for May 25, 2014

May 23, 2014, by John Norris

As a general rule, I don’t like casinos. Yes, I have been to a few, and, yes, I have even had a good time on occasion. However, the whole concept of a casino seems more than a little underhanded, and I have always felt a little worse for the wear whenever I leave one. The reason is simple: the odds aren’t in your favor. If they were, there wouldn’t be any money in it for...

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Some Common Cents for May 9th 2014

May 12, 2014, by John Norris

I was on the television this past Wednesday morning, and the show host asked me the following: “how will climate change impact the economy?” If you are prepared for it, this isn’t too terribly difficult a question. However, I really sort of wasn’t, as I had only seen the questions mere moments before going on the air. So, I looked at him and stammered and stuttered as though I had been drinking. Um, well, er,...

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Some Common Cents for May 2nd 2014

May 2, 2014, by John Norris

Yesterday, Seattle mayor Ed Murray proposed a plan to raise the minimum wage in that city to $15/hour, to be phased in over 7 years, depending on the size of the company. Firms with greater than 500 employees, nationally, have 3 years to make it happen. Those that offer health insurance get another year, and firms smaller than 500 American employees get the full 7 years. After that, the powers that be will adjust the...

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Some Common Cents for April 18th 2014

April 22, 2014, by John Norris

A reader of my Montgomery Advertiser article wrote me this week to ask what was the cause behind the recent market volatility. Over the years, we have established a pretty good dialogue, so I was happy to hear from him. I was also happy to see in the email he had posed the same question to his financial advisor in New Jersey; a guy at a big firm, who would undoubtedly regurgitate the company line....

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Some Common Cents for April 11th 2014

April 14, 2014, by John Norris

If you have consumed any news or commentary, in just about any form of media, over the last several years, you have undoubtedly read something about inequality in the United States. You have heard or read about the 1%, and how this segment of the population makes all the money and has all the wealth in the country. You have also learned the gap between the rich and the poor is growing, in both absolute...

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Some Common Cents for April 4th 2014

April 7, 2014, by John Norris

Ah, the first Friday of the month. That can only mean one thing: the Employment Situation report. What will it tell us about the strength of the US economy? Are employers adding jobs, or cutting them? Is the American worker making more or less money than they were? Oh, the data embedded in the roughly 40 page report! And how the investment industry analyzes the stew out of it! Two words: good times. I don't...

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Oakworth Accounces Two New Promotions

March 26, 2014, by John Norris

BIRMINGHAM, Ala. - Oakworth Capital Bank is pleased to announce the promotion of Adam W. Kirklin to Associate Managing Director –Wealth Management, and Jennifer C. Wilson to Associate Managing Director – Private Banking. Adam focuses on developing and managing wealth management relationships for high net worth individuals and families. His duties also include helping to formulate investment strategies, and developing services to help clients better manage their unique financial situation. Jennifer has over 15 years...

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