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.
Jun 20, 2024
Recently, the G7 held its annual meeting in Italy. In the past, this gathering got a lot of media attention. Recently, it hasn’t, and this year was no exception. After all, the only leader of the group who is certain to be at next year’s event is Italy’s Giorgia Meloni. As a result, some have called the meeting “Meloni & the 6 Lame Ducks.” This relative weakness from the developed, western world’s leaders comes at an inopportune time. The Global South, led by China, is increasingly flexing its geopolitical strength, which could bode poorly for the existing world order. What does this mean for the US and the West’s existing world order? Could it suffer due to the current lack of leadership?
In this week’s Trading Perspectives, Sam Clement and John Norris discuss the recent G7 Summit, the West’s current relative weakness and the Global South’s rising importance.