Evercore Wealth Management
Evercore ISI Company Surveys and U.S. real GDP growth have rarely diverged for long. While both are measures of current conditions, our company surveys are produced weekly, while GDP is assessed quarterly. At present, our company surveys show that U.S.…
The United States has had a long history of trade protectionism, starting with the Embargo Act of 1807, when President Thomas Jefferson attempted to punish the French and British for attacks on American merchant ships. Protectionism, as the concept is…
Is this market as good as it gets? Many important indicators are at or near their most bullish readings ever and would be difficult to improve upon. The most notable and extravagant signs of economic health can be found in…
New York, New Jersey and Connecticut face big fiscal challenges. Competitive economic forces, changing federal programs, and each state’s own mismanagement together threaten one of the most economically diverse and dynamic regions of the country. This report considers Tri-State property…
Editor’s Note: Evercore Wealth Management supplements its core investment capabilities with carefully selected outside funds across the range of the firm’s asset classes. Here we discuss opportunities in insurance-linked securities with Charles Melchreit, lead portfolio manager of the Pioneer ILS…
A well-diversified portfolio requires a defense against events unanticipated by the markets, such as a significant rise in inflation after nearly a decade of historic low rates, an unlikely but still possible event as discussed in the cover article of…
Funds that invest in illiquid securities lock up capital, usually for five to 10 years, but have the potential to outperform public markets. Based on where they are in their life cycle – from an idea hatched in a garage…
Editor’s note: Stephen CuUnjieng is a Senior Managing Director at Evercore’s corporate advisory business and the co-Chairman of Evercore Asia Ltd. He joined the firm in 2009, and is the recipient of six “Deal of the Year” awards from Finance…
President Trump’s $1.5 trillion infrastructure proposal, if it comes to fruition, could have a major impact on municipal bond investors. Real investment in the nation’s airports, railways and highways – many in dire need of repair – could increase bond…