Bets Off: The Trade Behind Recent Market Volatility
How is it possible for the stock market to swing 10% up or down in a single day, or for the entire Treasury bond yield curve to plunge by over 50% in under a month? Is it all about COVID-19,…
Category: Global Investment Management
Weathering the Storm: Portfolio Investing in a Pandemic
As the United States shuts down in an unprecedented fight against a pandemic and more than three million people file for unemployment in a single week, Wall Street is making its bets on the economic outcome. The initial response was…
Keeping Calm in a Market Panic
Stocks have dropped precipitously as investors anticipate recession and an accompanying credit crisis.
Q&A with Muzinich
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 is the second Independent Thinking interview with Michael McEachern, the manager of the Muzinich Credit Opportunities…
What’s Up with Negative Interest Rates?
The first of what modern investors would recognize as government bonds were issued in the 12th century by the city-state of Venice to finance continual wars with the Byzantine Empire and rival Italian city-states. All Venetian citizens were required to…
Taking the Reins: An Interview with Chris Zander
Editor’s note: Chris Zander takes over at the start of 2020 as CEO of Evercore Wealth Management and Evercore Trust Company. He is a founding partner and leads strategic wealth planning and trust and fiduciary services, working directly with clients…
Powerful Protection in a Low Interest Rate Climate
Is there still a case for owning bonds? Some investors don’t think so, asserting that low interest rates mean that the traditional 60% stock/40% bond portfolio is dead in this low interest rate environment – stocks and alternative investments, such…
Delayed Impact: the U.S. Deficit and Investors
The United States is running a $1 trillion – and widening – deficit. That’s despite a robust economy and a 10-year bull market, now the longest on record. But even as new debt piles up on top of old, investors…
Investing in Private Real Estate
Private real estate has long been the preserve of institutional investors, with allocations to the asset class growing to all-time highs this year.1 Now, high net worth investors have taken notice and are moving into the space. Recently enacted tax…