Wilmington Trust’s Capital Considerations

Tariffs and Tensions: A Deep Dive Into U.S.-China Relations

In this episode of Capital Considerations, Tony Roth and Shehzad Qazi, managing director at China Beige Book, offer an unfiltered analysis of China’s economic outlook and its complex relationship with the United States. While China's manufacturing and policy support are keeping growth afloat, deep-rooted challenges—from weak consumer demand to a faltering property sector—continue to cloud the picture.

New Tariffs, Big Consequences Preparing for What’s Ahead

On April 9, Head of Wealth Management Lisa Roberts moderated a discussion with our investment team on the current volatility and economic outlook.
Chief Investment Officer Tony Roth, Chief Investment Strategist Meghan Shue, and Chief Economist Luke Tilley shared valuable insights on the recent market drawdown1Disclosure number, please reference additional details in the Disclosures section at the bottom of this page. and what they are watching in the weeks ahead.
During the conversation, the team provided insight on: 
Their expectation for recession
What they believe the impact tariffs will have on the economy
The resiliency of the U.S. economy

New Frontiers in Artificial Intelligence: DeepSeek and Beyond

Advancements in AI algorithms are shifting the balance between computing power and efficiency, reducing reliance on high-powered GPUs and accelerating AI democratization. CIO Tony Roth and Anshumali Shrivastava, a computer science professor at Rice University and founder of Third AI Corp explore the revolutionary impact of DeepSeek on the AI ecosystem and delve into AI’s growing role in industries from finance to education, the implications for white- and blue-collar jobs, and how AI-driven advancements could redefine global productivity, economic policy, and even medicine. 

Investing in a Chutes & Ladders Economy: Gaming Out Portfolios in 2025

Wilmington Trust's Chief investment Officer Tony Roth, Chief Economist Luke Tilley, Head of Head of Investment Strategy Meghan Shue, speak with Denise Monahan, market leader Pennsylvania and Southern New Jersey about the 2025 Capital Markets Forecasts, Investing in a Chutes & Ladders Economy: Gaming Out Portfolios in 2025, the team's economic and investment outlook for the year ahead. During the discussion, they explored the team's baseline expectation for the economy and markets. They also took a look at the principal upside and downside risks, which they liken to the chutes and ladders you would encounter when playing the board game. Finally, they explain what it means for the team's investment strategy.

Securing Tomorrow: The Power of AI in Cyber Defense

As artificial intelligence technologies grow, the importance of safeguarding your information can become more critical. Listen as Chief Investment Officer Tony Roth and James Kaplan, partner and chief technology officer of McKinsey’s Enterprise Technology practice discuss how you can use AI to secure yourself, and how to stay protected from it.

2024 Midyear Market and Economic Outlook

In this episode of "Capital Considerations," Tony is joined by Chief Economist Luke Tilley and Head of Investment Strategy Megan Shue to reflect on the surprises of the first half of 2024—particularly around inflation and economic growth—and project their cautiously optimistic market and economic expectations through the end of the year.
For more information on our midyear market and economic outlook, please see our latest Capital Perspectives publication.

China's Economic Engine: Strategies and Global Impact

Why is it important to stay focused on the data in order to make informed investment decisions? Listen as Chief Investment Officer Tony Roth speaks again with Shehzad Qazi from China Beige Book about the challenges the Chinese economy is facing. They examine three obstacles: global supply-chain dynamics; the struggle to boost domestic consumption amid economic shifts and social pressures; and the complexities of managing overleverage in sectors like real estate and infrastructure. 

Crypto for the Masses: Will It Become an Everyday Currency?

With cryptocurrencies—and Bitcoin (BTC) in particular—back in the news and driving markets, Tony sat down with portfolio manager Jason Lee to discuss hot topics such as, what is BTC “halving” and why is it important; what the differences are between owning spot BTC exchange-traded funds vs. owning BTC directly; and the challenges BTC confronts in being used as an everyday currency.