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…
Ten years ago, the world was emerging from a bear market triggered by the worst financial upheaval since the Great Depression. Central banks maintained interest rates near, and sometimes even less than, 0% for several years, while purchasing trillions of…
Equity markets have evolved dramatically over the past few decades, with a 46% decline in the number of U.S. companies listed on exchanges since the peak in 1996. What is driving this trend? One reason is that public companies are…
In 1789, Thomas Jefferson and Alexander Hamilton had a great battle over how to treat the enormous debt that had been run up by the individual states during the Revolutionary War. Hamilton wanted the federal government to assume the debts…
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 Joan Solotar, Head of Private Wealth Solutions and Chair of the Blackstone Total Alternatives…
China’s exceptionally fast economic growth over the last 30 years has created the world’s second-largest economy, and it is on track to surpass the size of the U.S. economy in the next decade. But the pace of growth in China…