July 13—Calendar-wise, we’ve turned the page and the first half of a challenging 2022 is behind us—but inflation is still hovering at historic highs and global growth projections remain depressed. Markets seem uncertain about what the second half of the year may hold and, truth be told, so are Tony and Wilmington Trust’s Chief Economist Luke Tilley.
In June’s Capital Perspectives, “Battle of the Bulls vs. the Bears,” we spotlight the question with which investors are now grappling: Can the economy withstand the twin burdens of high inflation and tightening monetary policy to avoid a recession within the next 12–18 months? The answer is not so simple.We share our views on the likelihood of an economic soft landing, which depends on understanding whether inflation has peaked and how quickly it will decelerate.
On Thursday, May 12, Chief Investment Officer Tony Roth hosted a webinar, Growth Scare or Recession? with Chief Economist Luke Tilley and Head of Investment Strategy Meghan Shue.