The investment landscape and headlines of today would be unrecognizable to someone who fell asleep six months ago and suddenly snapped awake. Financial markets have undergone a tectonic shift that few saw coming. Back in the summer of 2016, the prevailing belief was that central banks were all-powerful and would forever push rates lower in a continuation of policies followed since the crash of 2008. In a show of force, the Bank of England announced a fresh cut to their interest rate to fend off an economic seizure in the face of the Brexit decision, the European Central Bank re-upped quantitative easing, and the Fed was maintaining overnight rates at just above zero.
Thoughts From Evergreen
“There is nothing wrong with America that cannot be cured by what is right with America.”
– William J. Clinton
The Fourth of July has always been my favorite holiday. Growing up in the Pacific Northwest, Independence Day always meant the “official” start of summer and a big reason to celebrate.
Meet Grant Williams, Strategic Advisor
At our 2015 Annual Outlook event, we announced Grant Williams as a new member of our firm as Strategic Advsior. There, Grant explained what compelled him to join Evergreen GaveKal.
