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.
February 23, 2022—The rapidly escalating Russia–Ukraine conflict has dominated the news flow and financial market action over the past few weeks. The S&P 500 on Tuesday hit a new low for the year, correcting -10.25% since January 3. Wilmington Trust’s Investment Committee has been in constant communication and meeting with increased frequency. As of Tuesday, February 22, we are maintaining our current portfolio positioning and continuing to closely monitor the evolving situation.
November 22, 2021—Following the conclusion of the most recent Chinese Communist Party (CCP) Central Committee plenum on November 11, it now seems almost certain that Xi Jinping, currently 68 years old, will remain ruler for the rest of his life. Moreover, it seems that Xi will persist in pursuing his political and socio-economic policies, including the “common prosperity” business interventions he ordered in 2021.