Revisiting Oil – Oh, What a Difference a Month Makes

Evan Kurinsky |
Wilmington Wire
Stock graph investment concept with offshore rig and oil refinery plant. Double exposure.

May 22, 2020—Just one month has passed since West Texas Intermediate (WTI) crude oil, the U.S. benchmark, moved into uncharted territory and closed the day at a shocking -$37.63/barrel, indicating that owners of a “front month” contract (for delivery of oil in the following month) would have to pay a premium to offload it (as opposed to receiving proceeds from the sale, as is customary).

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Episode 9:
U.S. Federal Debt—From Bubble to Balloon

Tony Roth |
Wilmington WealthWise with Tony Roth
45455_National_Debt_NC.jpg

May 18—$6.0 trillion. Roughly half of that was recently given out to ease Americans’ COVID-19-induced economic suffering—with nearly another $3 trillion now proposed. That’s atop a U.S. debt tab of over $20 trillion. Our CIO Tony Roth and Chief Economist Luke Tilley discuss why it matters, whether we should be worried, and the importance of having a plan.  Please listen to important disclosures at the end of the podcast.

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Capital Perspectives May 2020

Tony Roth |
Investment Management
Cap-Perspectives-NC.jpg

In the May issue of our monthly flagship publication, we feature:On the Record by Chief Investment Officer Tony Roth, where he discusses how this recession is unlike previous market dislocations and despite having a simple trigger, the impacts and investment implications are harder to gauge.

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