Tim Evnin Comments on U.S. Stocks to Dow Jones

December 13, 2011

Investors will remain skeptical of significant economic growth for some time, said Tim Evnin, partner and equity portfolio manager at Evercore Wealth Management in New York in an interview with Dow Jones after the Federal Reserve held policy unchanged.

"The question remains when does the consumer run out of steam," Evnin said. "Incomes aren't growing. Wages and hours worked are flat. What's going to be the next bit of adrenaline for the economy? We have to get people back to work and get confidence up."