Risk assets outperformed in July as better-than-expected economic data and moderating inflation bolstered expectations around a potential economic soft landing. The U.S. economy exceeded expectations, growing 2.4% in the second quarter, amid robust consumer spending and non-residential fixed investments. At … Continued
With the Federal Reserve opting to skip an interest rate hike and the slew of robust economic data, the U.S. economy continued to flex its muscles in June. Despite the Fed’s decision to forgo a rate hike in June while … Continued
June 30, 2023 Last week’s General Assembly was a meaningful yet challenging time for many Unitarian Universalists, including those of us on the Board of Trustees. While we were able to advance some significant priorities—including continuing the conversation about the … Continued
Global equities were mixed in May, with U.S. markets outperforming despite continued concerns around economic growth and the protracted negotiations on the debt ceiling. The S&P 500 Index ended the month up 0.4%, pushing year-to-date returns to 9.6%. These gains … Continued
At its meeting on March 24, 2023, the UUA Investment Committee unanimously voted to end future shareholder engagement with all Carbon Underground 200 (CU200) companies and to complete our divestment of directly-held CU200 companies subject to the completion of current … Continued
Kathy Mulvey, Chair of the UUA Investment Committee, has invited us to share this blog post she recently wrote for the Union of Concerned Scientists (UCS). Kathy, who serves as the Accountability Campaign Manager for UCS’s Climate and Energy Program, … Continued
Risk assets traded higher in April as positive economic data and better-than-expected earnings supported market sentiment. In the U.S., the economy expanded at an annualized rate of 2.2% in the first quarter as an increase in consumption and government spending … Continued
Hello UUCEF Investors, We have scheduled two meetings (May 8th at 12pm Eastern and May 9th 4pm Eastern) to discuss the upcoming UUA General Assembly Business Resolution, Complete Divestment from the Fossil Fuel Industry and Subsequent Reparations, with you, our … Continued
The Federal Reserve stepped in last month, infusing liquidity into the banking sector, in a bid to quell the rising turmoil precipitated by higher interest rates and the collapse of a handful of banks. Equities got a boost as the … Continued
Risk-off sentiment washed over markets in February as fresh economic data paved the way for continued rate hikes and a tighter monetary policy backdrop. In the U.S., inflation data softened at a slower rate than anticipated, while labor market numbers … Continued