Evercore Wealth Management
When all the world seems to be going to hell, what should a prudent investor do? Hold tight or buy seems to be the answer, in most situations. For those with a long-term term horizon, equity investments made right before…
Is Artificial Intelligence making life better? It’s certainly not making it any calmer, with AI-generated disinformation stoking two horrific hot wars and threats to democracy around the world. And only 10% of Americans recently surveyed by Pew said that they…
Federal shutdowns may be no way to run a country, but at the state and local level, governments generally make do. At present, municipal bond issuers are in generally good financial shape and should be able to weather the inevitable…
“A national debt, if it is not excessive, will be to us a national blessing,” said Alexander Hamilton in 1781. What might he have made of our $26 trillion debt? At the current clip, U.S. federal debt held by the…
If misery loves company, Americans should take comfort in knowing that other countries have similarly high debt burdens. Government debt in the United Kingdom and many European Union member states hovers around the U.S. levels, and Japan’s debt represents more…
John Apruzzese, Chief Investment Officer at Evercore Wealth Management and Evercore Trust Company, provides insights on the changing economic landscape impacting the market. Please contact us at [email protected] for more information.
Eighty-four percent of portfolio managers underperform their benchmarks after five years, according to Standard & Poor’s. It seems like a damning statistic – and it can call into question the role of active managers in the first place. After all,…
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. Among those are the Harbert Management real estate funds, which invest in diverse mid-size multifamily, office, industrial…
The 19th-century philosopher Auguste Comte is often credited with coining the aphorism “demography is destiny.” If so, he had a point. Certainly, shifts in populations – caused by births, deaths, and immigration – can herald transformative societal and economic change.…