General

Below are Evergreen Gavekal's Likes/Dislikes for April 10, 2020. Read More

At the beginning of the year, it seemed almost unfathomable to those in the West that the world would change as drastically as it did at the end of the first quarter. Read More

Below are Evergreen Gavekal's Likes/Dislikes for April 3, 2020. Read More

Below are Evergreen Gavekal's Likes/Dislikes for March 27, 2020. Read More

At the end of last week, David Hay outlined his case that the Fed should – and would – buy enormous amounts of corporate bonds and that the US Treasury might resurrect TARP (also known as the Troubled Asset Relief Program) to stabilize the economy. Evidently Fed-head Jerome Powell is a close follower of Evergreen’s newsletter! Read More

The fact of the matter is that the last half-dozen years have been exceedingly difficult for investors who like to buy assets, such as stocks, on sale. Instead, since at least 2014, it’s been a case of the US equity market jaggedly marching to higher and higher levels. Read More

Below are Evergreen Gavekal's Likes/Dislikes for March 20, 2020. Read More

As the effects of the coronavirus continue to reverberate through our daily lives, our goal is to stay in ongoing communication with our clients. Beyond communicating, we are also acting. Read More

Frankly, I had written a much different EVA for this week but as conditions have devolved at breathtaking speed, I’ve been encouraged by my team members to shift the tone. It is a good suggestion but I’m doing a big re-write on the fly so my apologies in advance for any roughness. Read More

Below are Evergreen Gavekal's Likes/Dislikes for March 13, 2020. Read More