Hong Kong – Protests, Disruptions, and Investment Implications

Clement K. Miller |
Wilmington Wire

August 7, 2019—For over two months, residents of Hong Kong, a chief global financial hub, have been engaged in disruptive strikes and protests, including violent clashes with police. The latest disruptions occurred on Monday, August 6. Here, we explain the nature of the protests and discuss investment implications.


Another Shot Fired in Trump’s Trade War

Tony Roth |
Wilmington Wire

August 1, 2019—Just when we think we have a fairly good read on the prospects for policy—namely monetary policy and trade policy—we get thrown another curve ball of the trade variety.

On Thursday, President Trump announced via Twitter that tariffs would be increased by 10% on the remaining roughly $300 billion of U.S. imports from China beginning September 1. This comes on the heels of the first in-person trade talks between the U.S.


Municipal Fixed Income Quarterly Market Commentary 2Q 2019

Dan Scholl |
Investment Management

In the 2Q 2019 issue of our quarterly publication, we:Assess the supply–demand imbalance in the municipal bond market and provide an overview of performance. Explore the credit stability of Illinois in the wake of the budget passage and remaining long-term challenges. Focus on other post-employment benefit liabilities—a growing municipal credit challenge.