In this podcast, John & Sam exchange perspectives on current events that are impacting our economy and influencing investment strategies. Trading Perspectives is hosted by Oakworth Capital Bank's Chief Economist, John Norris along with Associate Managing Director and Portfolio Manager, Sam Clement.
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May 25, 2022
Politically popular mandates often, it not almost always, seem to have ironic economic consequences. So, why do we keep doing them? Is there something about the nebulous “need to do something” which trumps economic common sense? Or is it deeper than that? Are the people making serious economic decisions and policy really qualified to do so? After all, what is their incentive? In this week’s Trading Perspectives, Sam, Courtney and John discuss how some recent government mandates with good intentions around the world have produced horrible results.