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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Jul 21, 2020
Many residents across the country are leaving city centers and moving to suburban areas of town. Generally, the attraction to living in downtown areas is the cultural amenities. Access to restaurants, theaters, and various social attractions. What happens when the cultural amenities dry up or are not as accessible? It seems the attractiveness begins to fade. Was it the pandemic or the protests that made suburban life attractive again? Will a mass exodus out of city centers effect local economies? Should we expect to see the erosion of economic activity begin to take hold?