After a four-year rise without a correction of 10% or more, one of the longest on record, the S&P 500 index has lost 12% in just four months, most of it in three trading days. While this extreme volatility is…
Radically easy monetary policy across the developed world, commonly known as quantitative easing, has successfully reflated all major asset classes, including equities, but has so far failed to boost economic growth to levels desired by policy makers and investors. It is…
Technology And GDP Growth Technology has become detached from the broad economy, as it reaches into every aspect of our lives. As a whole, it should outstrip GDP by about four percentage points, at almost seven percent a year. (See…
Investing in illiquid assets is not for everyone: Assets can be tied up for seven years or more.
Editor’s note: Evercore Wealth Management supplements its core investment capabilities with carefully selected external funds across the range of the firm’s asset classes. Here we interview BlackRock Director Orlando Montalvo about the BlackRock iShares Currency Hedged MSCI Germany ETF (HEWG).…
In the two years since the Evercore Wealth Management investment policy committee narrowed its emerging markets focus to the growing middle class consumer base in Asia, notably in India and Indonesia, as well as in China, we have seen that…
Editor’s note: Evercore ISI is a leading provider of sell-side research in the United States and one of the range of Evercore Wealth Management research providers. Here, Matt McGinley discusses the outlook for the retail sector. Craig Menear, CEO of…
Financial pressures are rising on California water utilities as the state confronts its fourth year of drought with expanded restrictions. Rate increases are inevitable if credit quality is to be maintained. Background California has for the first time implemented mandatory…
An Interview with Douglas Ostrover at The Blackstone Group Evercore Wealth Management supplements its core investment capabilities with carefully selected outside funds across the range of the firm’s asset classes. Here we interview Douglas Ostrover of The Blackstone Group, a…