Part II of our exclusive annual outlook with Wall Street’s legendary number one economist, Evercore ISI’s Ed Hyman. This year he is joined by another WEALTHTRACK exclusive, New York Life’s Vice Chairman and Chief Investment Officer, John Kim. They will discuss the striking differences between the U.S. economy since the financial crisis and the slow, uneven rebound in the rest of the world and what they mean for global economies and markets. Continue Reading »
John Kim, Vice Chairman and Chief Investment Officer of New York Life Insurance Company oversees more than $500 billion in assets at the company’s Investments Group, including an expanding portfolio of Alternative Investment management boutiques and funds. What role do alternatives investments, such as hedge funds have in New York Life portfolios?
We continue WEALTHTRACK’s annual tradition of discussing the outlook for the economy, business, policy and markets with Evercore ISI’s Chairman, Ed Hyman, Wall Street’s reigning number one economist for an unprecedented 35 years running. Hyman will be joined by another exclusive guest, New York Life’s Vice Chairman and Chief Investment Officer, John Kim who oversees over $500 billion in assets at the life insurer, one of the oldest and largest in the world. In this first of a two part series, Hyman and Kim will focus on the outlook for the U.S. economy and markets. Continue Reading »
Until recently waiting to buy a home paid off:
- Prices going down
- Mortgage rates were declining
Exact opposite happening now:
- Home prices and mortgage rates are going up