Generally speaking, the purpose of EVA is to communicate Evergreen’s overall outlook on the markets and economy. We tend to stick to this script by writing on topics such as central bank policy, inflation, the stock market, the bond market, and energy. One theme we try to avoid – or at least stay neutral on – is politics.
It’s been nearly a year since our newsletter last touched on the passive investing phenomenon. And yet, despite its absence from these pages, direct asset flows into passive vehicles have continued to outdo their active counterparts at a dizzying pace.
A recurring theme in various EVAs over the years is the importance of the yield curve. Sorry, I know a term like that can literally throw non-professional investors—i.e., those with a real life—for a curve. But, unlike with so many human relationships, it’s NOT complicated.
It’s time for a couple of firsts. The first “first” is that I’ve never before written an introduction to an introduction. The second is that I’ve never attempted to self-publish a book in real-time.
In this exclusive Quarterly Webinar, David Hay reviews what’s happening with MLPs (Master Limited Partnerships), the bond market, inflation and the economy, energy and the US stock market. You don’t want to miss this!