May 28, 2021The path for inflation is the most hotly debated issue in markets right now, both because of the direct impact it will have on markets and also whether it will force the Federal Reserve to hike interest rates earlier than expected.
May 26, 2021Bitcoin’s steep ascent since the pandemic has been set back in recent weeks, with challenges coming from increased regulation in China and the U.S., and rising concerns about its environmental impact. Some of the regulatory scrutiny may also be paving the path for increased competition from central bank digital currencies, with China being one of the furthest along, and the U.S. announcing last week that it plans a formal exploration.
May 17, 2021A tech-led business capital expenditure (capex) recovery is underway, jump started in part by the pandemic, as firms accelerated their investments technology and equipment to quickly pivot to remote working, online shopping, streaming content, telemedicine, and other ways of adapting to survive in the new COVID environment.
Rhea Thomas, Senior Economist, Wilmington Trust Investment AdvisorsMay 7, 2021—Markets were abuzz at 8:29 Friday morning ahead of the jobs report with official consensus forecasts of 1 million new jobs added in the month of April and “whisper expectations” (whatever those are) of 1.5 million. At 8:30 those expectations were thoroughly dashed upon the announcement of just 266,000 new jobs added and downward revisions to previous months.
April 9, 2021Recent supply chain disruptions are likely to add to near-term inflation pressures by constraining the supply of goods and services in the economy, just as demand is set to bounce back.Longer-term inflation will remain dependent on the interaction of consumer and market inflation expectations, and the Fed’s new approach to monetary policy.