Evercore Wealth Management
Many investors are understandably questioning the merits of value investing. For 10 years, the approach – picking stocks that appear to be trading for less than their perceived intrinsic value – has failed to keep pace with investing for growth.…
As deficits expand, driving up government debt in the United States and elsewhere, a radical theory is gaining traction in Washington, including among members of Congress, even as mainstream economists dismiss it as unfeasible or downright dangerous. Modern Monetary Theory,…
As the cost of an education at a private college continues to outstrip inflation1, funding a 529 plan can make good sense. However, investors will want to first examine both the tax advantages and the constraints, as well as the…
Thomas Robert Malthus predicted in his 1798 An Essay on the Principle of Population that human population, about one billion at the time, would soon begin to double every 25 years, eventually causing global food shortages. The population has since…
A growing labor force is one of only two drivers of real economic growth (the other is productivity) and it can be forecast into the future with a much higher degree of certainty than most economic variables. After fairly consistent…
Many private-sector economists consider any period in which real GDP growth is negative for two consecutive quarters to be a recession. That sounds easier to pinpoint than it is. The official arbiter of such matters is the National Bureau of…
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 interview Mark Robinson, Partner and Managing Director of WAVE Equity Partners. Wave is a Boston-based…
Many investors strive to make mindful decisions about how their portfolios are invested. These decisions can include the degree of risk, the investment time horizon and the appropriate asset class mix. Increasingly, investors also want to profitably express their values…
Our equity philosophy has been constant over our firm’s 10-year history. It remains firmly rooted in fundamental analysis and focused on portfolios with a fairly small number of positions held for the long term, with few changes. We are committed…