About the Author

Rhea Thomas

Economist

Rhea is an Economist at Wilmington Trust, responsible for monitoring and analyzing economic developments in domestic and international economies.

Prior to joining Wilmington Trust, Rhea served as Vice President in Foreign Exchange Sales at Lehman Brothers, where she provided primary sales coverage to institutional clients. Earlier in her career, she focused on foreign exchange research, where she helped to build models and write publications to explain currency market movements and trade ideas.

Rhea holds a bachelor’s degree in Economics and International Studies with Distinction from Yale University.


By the Author

Spike in Furloughs and Layoffs: The Deteriorating Health of the Labor Market

Rhea Thomas |
Wilmington Wire
Health insurance claim

March 25, 2020—The flurry of recent news suggests a grim picture for employment in the near term as mitigation measures are put in place to control the spread of COVID-19, including social distancing and temporary business closures. These have led to a significant number of workers furloughed or laid off as business revenues have dropped drastically for a number of industries, particularly in the service sector.

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Coronavirus Concerns: Monitoring the Risks Closely, but Not Reacting in Portfolios Yet

Rhea Thomas |
Wilmington Wire
3D render bacteria virus, 3d render microbe.

January 28, 2020 — The spread of a new coronavirus originating in Wuhan, China, has been raising concerns about its rising human health impact, and sending shivers through financial markets in recent days as investors try to assess its impact on growth and markets. Since the first identified case of coronavirus was made public on December 8, 2019, the pace of infection has picked up rapidly, with just over 4,500 cases now reported (nearly doubling overnight), and 106 reported deaths so far.

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