What’s really driving the economy—and how should investors think about it? 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 Investment Officer, John Norris along with Sam Clement, Associate Managing Director.
*Oakworth Asset Management is a registered investment advisor. All advisory services, including investment management and financial planning, are offered through Oakworth Asset Management, LLC, which is owned by Oakworth Capital Bank, member FDIC, Equal Housing Lender. Investment products and services offered via Oakworth Asset Management, LLC are independent of the products and services offered by Oakworth Capital Bank and are NOT FDIC INSURED, NOT BANK GUARANTEED, and MAY LOSE VALUE. The information, opinions, comments, statements, views or recommendations expressed should not be considered professional, tax or legal advice; or as an offer to buy or sell or to make or consider any investment or course of action. https://www.oakworth.com/ tradingperspectives@oakworth.com📄 Disclosures: oakworth.com/policy-center Member FDIC. Equal Housing Lender. Investments may lose value and are not bank guarantee.
Dec 14, 2023
This week, central banks across the world essentially said their collective fight against inflation was over. In the United States, the Fed’s own data suggested it would start cutting the overnight rate roughly 3 times in 2024. Couple that with Fed Chairman Powell’s dovish comments about inflation, and investors took it as the end of this tightening cycle. However, this begs the questions: 1) is inflation really dead, and; 2) did the Fed do the right thing?
In this week’s Trading Perspectives, Sam and John talk about the Federal Reserve’s non-action this past week and what it means for the economy and the markets heading into the new year.