All Wilmington Wire Posts

Bitcoin’s Wild Ride: Not Likely to be Over Yet

Rhea Thomas |
Wilmington Wire
Glowing dark background with bitcoin symbol. Cryptocurrecy and payment concept. 3D Rendering

May 26, 2021Bitcoin’s steep ascent since the pandemic has been set back in recent weeks, with challenges coming from increased regulation in China and the U.S., and rising concerns about its environmental impact. Some of the regulatory scrutiny may also be paving the path for increased competition from central bank digital currencies, with China being one of the furthest along, and the U.S. announcing last week that it plans a formal exploration.

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Business Capex Cycle Turning Up to Support Next Leg of Economic Recovery

Rhea Thomas |
Wilmington Wire
Businessman pointing arrow graph corporate future growth plan. Business development to success and growing growth year 2020 to 2021 concept

May 17, 2021A tech-led business capital expenditure (capex) recovery is underway, jump started in part by the pandemic, as firms accelerated their investments technology and equipment to quickly pivot to remote working, online shopping, streaming content, telemedicine, and other ways of adapting to survive in the new COVID environment.

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U.S. GDP Forecast: Stimulus, Savings, and the Path Forward

Luke Tilley |
Wilmington Wire
The 2020 Stimulus check. Surrounded with 100 dollar bills.  Sent to US citizens during the covid-19/coronavirus pandemic

May 17, 2021—As my colleague Meghan Shue said a few weeks ago, the economy has been on a wild ride (much like a Hot Wheels track) and we are expecting strong growth in the second half of 2021. Stimulus, consumer spending of savings, and business capital expenditures (capex) will be enough to push full-year growth of 7.6% in 2021 in our view, with a higher likelihood of exceeding that figure than of falling short.

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