Global equities ended 2020 with a bang, adding to already sizable gains from earlier months, as positive news around COVID-19 vaccines and a fiscal stimulus plan bolstered sentiment. In the U.S., the S&P 500 Index increased 3.8% in December; small-cap … Continued
November was a momentous month as investors, emboldened by the results of the U.S. elections and the potential success of multiple COVID-19 vaccines, bid up equities. The twin prospects of a divided government resulting in the likelihood of a diminished … Continued
Developed market equities faltered in October amid a wave of risk aversion fueled by an uptick in new cases and hospitalization rates for COVID-19 in the U.S. and Europe. Domestic equities posted their second straight month of declines as volatility … Continued
U.S. equities snapped their winning streak in September, upending five straight months of gains as technology heavyweights came under pressure and the pandemic continued to roil the economy; the S&P 500 Index fell 3.8% last month but ended the third … Continued
The new rules governing the shareholder resolution process announced today by the Securities and Exchange Commission (SEC) provide no benefit to investors. In fact, they will shelter corporate managers from accountability to shareholders. The Commission offered no evidence that shareholder … Continued
At its 2020 virtual General Assembly, the UUA adopted a Business Resolution on Embodying Human Rights in Our Investment Decisions. Ninety-five percent of delegates voted for the resolution, which was sponsored by a wide range of UU social justice organizations … Continued
Equities continued their winning streak in August—marking the fifth straight month of gains—amid improving investor sentiment bolstered by ongoing stimulus, better than expected quarterly earnings, and optimism around a vaccine. In the US, the S&P 500 Index returned 7.2%, gaining … Continued
The S&P 500 Index was up for the fourth straight month, increasing 5.6% in July; the gains pushed the index into positive territory with a year-to-date returns of 2.4%. This confidence comes despite a record spike in infection rates in … Continued
During the virtual UUA General Assembly in June 2020, Investment Committee member Ken Redd delivered the following statement on behalf of the Investment and Socially Responsible Investing Committees to open our workshop on Mobilizing Investments to Advance UU Values. Slides … Continued
Risk assets added to recent gains as economies around the world relaxed restrictions and central banks and governments continued to provide extraordinary stimulus to offset the weak economic backdrop. Despite a pandemic and a recession, investors embraced risk in their … Continued