Tim Evnin Quoted in the Wall Street Journal's MarketWatch

April 1, 2010

The U.S. economy continues to gradually improve despite continued weakness in the housing sector and job market, Tim Evnin, equity portfolio manager at Evercore Wealth Management, told the Wall Street Journal's MarketWatch column.

"Even without job growth we've had reasonably good consumer spending and consumer sentiment," said Evnin. Nor has continued weakness in the housing sector derailed the slowly-improving economy, he said.

"The whole construction industry remains moribund and that's often an important part of coming out of a recession. Even with nothing there, we're looking pretty strong," Evnin said.