Activity in the Initial Public Offering (IPO) market plays a pivotal role in guiding private market companies and investors alike. While IPO activity all but dried up in 2022, the IPO market has shown signs of life in 2023. In 2022, a meager 71 IPOs managed to raise $7.7 billion… Read More

Advanced Medical Directives help articulate healthcare preferences and designate trusted advocates to make crucial decisions on your behalf when you cannot do so. These documents are a vital component of any well-drafted estate plan. This article summarizes common directives and considerations for drafting and reviewing these instructions and appointments. We… Read More

If money represents the lifeblood of the economic world, then commercial banks are the beating heart that pump it around the system. This is why several Gavekal indicators—notably our velocity indicator—are built around the absolute and relative performance of bank stocks. One rule of thumb states that a country or… Read More

The following article was originally published on Forbes.com by Evergreen Gavekal’s Technology Advisor, Michael Johnston. There’s an overused cliché in the tech world that “hardware is hard.” The sentiment is often used to emphasize the perceived differences between building a hardware company versus a software company. The argument that “hardware is… Read More

Your estate plan is an ever-evolving set of documents. Reviewing your will is an essential part of ensuring your legacy plan reflects life transitions as well as shifts in tax and estate law. We recommend evaluating your legacy goals and reviewing estate documents every 3-5 years. Below are a few… Read More

This edition of Evergreen Chartbook was recorded in a webinar format where Co-Chief Investment Officer Jeff Dicks discusses key charts driving this year’s resurging stock market, current risks facing financial markets, and how Evergreen is positioning client portfolios.  DISCLOSURE: Securities highlighted or discussed in this communication are mentioned for… Read More

This week, we’re presenting a thoughtful conversation between David Rosenberg, Founder and President of Rosenberg Research, and David Hay, co-CIO of Evergreen Gavekal. During the discussion, the two talk about recession indicators, investment implications, and whether soft landing expectation will propel markets to new highs. The discussion was recorded on July 18th,… Read More

In downgrading US government debt from AAA to AA+, Fitch cited a fiscal deterioration in the next three years, a growing general debt burden and bad governance due to repeated political standoffs over the debt ceiling issue. Coming a day after the US Treasury said new debt issuance would rise… Read More

EPISODE 2 / Guest: Jacob Colker, Managing Director AI2 Incubator Welcome to Episode 2 of our Evergreen Ventures podcast, Unchartered Optimism. Evergreen Ventures is the private investment arm of Evergreen. We seek investments in private markets that offer unique return profiles in markets that are less understood and not… Read More

The investment landscape in China has always been characterized by uncertainty, as vast opportunities coexist alongside significant regulatory complexities and political considerations. While much remains unchanged in that regard, softening rhetoric from Chinese policymakers has given rise to the idea that beleaguered technology companies could be near a turning point. Read More