Evercore Wealth Management
The current U.S. economic expansion may soon become the longest on record. The S&P 500 index has soared, up 400% since the bottom of the market in 2009, while other developed markets and the emerging markets have recovered and begun…
Introduction The municipal bond market will feel the impact from a supply, structural and credit perspective as the Tax Cut & Jobs Act takes effect. Investors in high tax states will be taking a closer look at municipal bonds, now…
Common market valuation metrics can make the stock market seem more expensive than it is, argues Evercore Wealth Management Chief Investment Officer John Apruzzese in a white paper published by the firm. Investors can form a truer picture of the…
It is not true that the U.S. market is overvalued by every metric. Factor in inflation, and stocks are fairly valued, trading right around historic averages. Most investors don’t account for inflation when evaluating the stock market. While there is widespread…
In the spring issue of Independent Thinking, we addressed the prospect of so-called Trumpinflation, noting that while there was a possibility of higher inflation and resulting increases in interest rates, powerful long-term deflationary forces were not going away. Inflation has…
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 active value investing with David Samra, Lead Portfolio Manager of the Artisan International Value…
Many investors are familiar with – and comfortable investing in – traditional asset classes. Stocks and bonds, along with the associated risks, are generally well understood, and their returns are widely reported. Alternative assets are less understood, and the associated…
Editor’s note: Evercore Wealth Management Chief Investment Officer John Apruzzese met with clients in New York on June 22, 2017 to discuss the respective merits of active and passive strategies and to describe the firm’s blended approach.
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 the prospects for investors in China with Matthews Asia investment strategist Andy Rothman.* Please…