The CEF recently began working with Founders First Capital Partners, a wonderful lender focused on “diverse-led businesses prepared for growth” in the US. We were pleased to welcome their founder and CEO Kim Folsom to our recent Quarterly Investor meeting, … Continued
This document is a response from the Unitarian Universalist Association (UUA) to a letter from the U.S. House of Representatives Committee on the Judiciary. The UUA addresses several points, including its religious heritage, its investment practices through the Unitarian Universalist … Continued
August was a tale of two capital markets. The first half of the month saw the return of volatility, with a sell-off in global equities and a flight-to-quality in rates triggered by some softness in U.S. economic data and central … Continued
July witnessed the “great rotation” in U.S. equities. Small-cap stocks led the way, with gains of 10%, following months of lackluster performance. In addition, value-oriented equities surged with the Russell 1000 Value Index up 5.1%, while the Russell 1000 Growth … Continued
It was the same story but a different month for stocks in June, with growth outperforming value. The artificial intelligence (AI) boom within the tech sector appears unstoppable as Nvidia, the leading provider of chips used to run AI models … Continued
Stocks and bonds defied the adage, “sell in May and go away,” ending the month in the black. The much anticipated earnings of Nvidia beat expectations again, fueling a rally in growth stocks and supporting broader market returns. The S&P … Continued
The S&P sold off 4.1% in April with equity markets reacting to rising interest rates and elevated inflation prints. Large-cap stocks outperformed, while small-cap stocks continue to be sensitive to long-term interest rates with the Russell 2000 selling off 7% … Continued
All asset classes were in the black in March as markets saw no signs of an economic slowdown in the U.S. in the first quarter, while the Federal Reserve continues its efforts to steer the economy to a safe landing. … Continued
Under the UUA’s community investment matching program, the UUA matched a congregation’s investment in a Community Development Financial Institution (CDFI) with an investment of its own in the same amount (maximum $10,000), term (maximum 3 years), and interest rate as … Continued
A slew of stronger-than-expected economic and corporate earnings data bolstered global stocks in February. The S&P 500 Index hit multiple milestones during the month: it surpassed 5000 and Nvidia set a record for the largest single-day market capitalization gain of … Continued