Currently, four of the five big professional sports leagues are in action. While these depend on the common man for success, the money the athletes make is anything but common. The numbers boggle the mind. The question remains: “how much longer will the American public continue to pay the bills?” After all, a trip to the ballpark for a family of four can be an expensive undertaking. In this week’s Trading Perspectives, Sam, Courtney and John discuss the runaway salaries professional athletes make. Will they continue to help foot the bill?

The Boys of Summer Make How Much?

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 Sam Clement, Associate Managing Director. 

https://www.oakworth.com/
tradingperspectives@oakworthcapital.com

Business

Investing

Careers

Management & Marketing

Business News

Shopping

Washington continues to report rosy economic data, and the general public continues to not believe it. Why is the average American so down on the economy when the official data suggests they should be happy? Is it inflation? Is it societal divisiveness? What is the real story?     In this week’s Trading Perspectives, Sam and John discuss the disconnect between the public’s perception of the economy and what the government is saying is the reality. Who is right?

Perception vs. Reality? Or Is It Something in Between?

The recent turmoil, protests and an apparent lack of accountability at many prestigious American institutions of higher learning have begged a question: is an Ivy League education still worth the cost? Does the rarefied air of these schools for the elite still impress the American public the way it once did, not so long ago? If not, why and when did it happen? What’s more, will it ever again.   In this episode of Trading Perspectives, Sam and John discuss the ongoing protests at numerous Northeastern colleges and universities and wonder whether these schools will return to position of prominence with the common man. The answer isn’t as simple as yes.

Are the Ivies Still Worth It?

With all the turmoil around the world, and the subsequent drawdown on US stockpiles, just how prepared would the US be if the planet erupted in a hot war? Would the United States have enough ammunition, missiles, ships and planes to fight several different types of wars on several different continents? What’s more, is the American public ready for such a thing?   In this week’s Trading Perspectives, Sam and John discuss about American military preparedness in what is increasingly a dangerous time.

Can the United States Win A Global War?

Last week, the minimum wage for fast food workers in California went to $20. This will become the de facto minimum wage for unskilled labor across the state. While it might seem like a win for workers, what will be the likely end result? After all, someone will have to absorb this mandated cost increase, and it isn’t just going to be employers. Don’t tell anyone in Sacramento that, though. In this week’s Trading Perspectives, Sam and John discuss the concept of the minimum wage and what its real impact is. If you took an Econ 101 class, you already know the answer.

California Dreaming - Minimum Wage Edition

Last week, a wayward container ship struck the Key Bridge causing it to collapse. This effectively closed the Port of Baltimore until the powers that be can clear the wreckage from the shipping channel. Will these delay derail the US economy? Will it cause supply chain issues up and down the East Coast? Will we have to wait months for our cars, our coal and our sugar? In this week’s Trading Perspectives, Sam and John discuss the recent collapse of the Key Bridge and what the indefinite closure of the Port of Baltimore could mean to the US economy.

The Boys of Summer Make How Much?

Download our free app to listen on your phone