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December 9, 2021
Dear WEALTHTRACK Subscriber,
Since WEALTHTRACK’s inception it’s been an annual tradition to sit down for a rare in-depth interview with Ed Hyman, Wall Street’s number one ranked economist for an unrivaled forty-one years. Hyman is a Wall Street legend known for his comprehensive, yet succinct daily bullet point reports on the economy covering multiple data points including his team’s proprietary company surveys covering a wide range of businesses. He is Vice Chairman of Evercore, a leading independent investment banking and advisory firm where he is also the Founder and Chairman of its Evercore ISI division and leads its economic research team which publishes what are considered to be must-read research by institutional investors all over the world. Last year at this time the U.S. was emerging from lockdowns, vaccines hadn’t been distributed, Covid was resurfacing, fatalities were up but the economy and markets were rebounding sharply. That was not a surprise to Hyman because of the massive amount of monetary and fiscal stimulus pouring into the economy. As a matter of fact it was the major reason Hyman predicted on WEALTHTRACK a year ago that 2021 would be a “blow out” year in terms of both economic and corporate earnings growth. How would he describe it in retrospect and what are his economic and market expectations for 2022? Hyman answers those questions and more this week. Also, in this week’s EXTRA interview, the secret to his ability to be voted Wall Street’s number one economist for an unrivaled forty-one years. If you miss the show on public television, you can watch it on our website over the weekend. You can also find the WEALTHTRACK podcast on Stitcher and SoundCloud as well as iTunes and Spotify. Have a great weekend and make the week ahead a healthy, profitable and productive one. Best regards, Consuelo |
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