Luke Tilley | Source | Chief Economist at Wilmington Trust
Luke Tilley
Luke is Chief Economist and Head of Asset Allocation and Quantitative Services for Wilmington Trust Investment Advisors (WTIA), a part of the M&T Bank family. Luke is also a member of WTIA’s Investment Committee.
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Wilmington Trust
Chief Economist
started Jan 2018 -
Temple University (https://www.temple.edu/)
Adjunct Faculty
Jun 2003 – Dec 2014
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U.S. Adds 196,000 Jobs in March, a Return to Solid Growth
After a lackluster performance in February, the job market bounced back in March. February’s number of new jobs was also revised upward, to 33,000 from 20,000.
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US STOCKS-Trade, global growth worries slam Wall Street
U.S. stock indexes slumped 2% on Thursday, as investors dumped technology, indus...
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Investors realize that coming to a deal is going to be more challenging and that is really harmful to the economic environment. It’s a classic risk-off movement where you’ve got the higher-bated sectors such as financials, industrials and technology selling off the most.
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We think the labor market is the strongest thing in the U.S. economy right now. We’re encouraged by the wage gains.