A sudden sharp equity market selloff in July led to an immediate and robust recovery in August, marking fresh all-time equity market highs. The S&P 500 touched 7,798 mid-month and closed up 13.1% year-to-date. The tech-heavy NASDAQ 100 advanced 17.1% while emerging and developed non-US …
The first five months of this year have been punctuated by significant geopolitical events in Venezuela and Iran. Counterintuitively, U.S. equity markets have advanced to all-time highs and long term Treasury bond yields recently touched 20-year highs of 5.20%. Year-to-date the S&P is up 10.7% …
The S&P 500 peaked in late January at just over 7,000 while gold touched $5,595 per ounce. The Iran war-induced volatility caused a nearly 10% drawdown on the S&P 500 from its peak, closing -4.3% as of quarter end. On February 28th, the U.S. military …
David Marcus speaks with George Dickson, Jr., Senior EVP and CIO of New York Private Bank & Trust and Emigrant Bank, about the evolution of the firm and the principles that have guided it across market cycles. The discussion covers balance sheet discipline, long-term investing, …
Fortis will serve as the cornerstone of a new, dedicated Emigrant business unit delivering specialized non-investment family office services to ultra-high-net-worth families and RIAs MIAMI, FL — March 4, 2026 — Emigrant Bancorp, Inc. (“Emigrant”), the parent company of Emigrant Bank, announced today that it …
The year ended on a high note as stocks closed near all-time highs, while 10-year bonds rallied about 60 basis points from 4.80% to end at 4.17%. The imposition of massive global tariffs upended financial markets in April 2025, causing deleterious and cascading effects on …