August 5, 2022Topics shared in this publication are:Job growth surged in July, pointing to ongoing momentum in the labor market.Businesses indicate demand for labor remains strong but may be plateauing, with job openings having declined relative to the start of the year.Labor force participation has stalled in recent months, bringing back the upside risk for wages that prevailed for most of 2021.On a three-month annualized basis, wage growth in July 2022 moved up to 5.2% (from 4.
On February 25, Wilmington Trust’s Chief Investment Officer Tony Roth hosted a webinar, “A Dark Day for Europe. The World Reacts,” which addressed how the Russia-Ukraine conflict could impact the U.S. and global economies as well as portfolios. He was joined by Chief Economist Luke Tilley, Head of Investment Strategy Meghan Shue, and Senior Portfolio Manager Mark Horst.
Investing is challenging because, like many disciplines, it requires predictions and analysis of myriad variables. However, today’s environment is unusual in that the path forward for the economy and financial markets is likely to be dictated by a single factor: the trajectory of inflation. Of course, other data points, such as labor market statistics, manufacturing data, and consumer activity, require attention.
