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
Global assets started 2023 on solid footing amid signs of waning inflation and robust growth. In the U.S., headline CPI marked its first monthly decline since May 2020, falling 0.1% in December, after rising 6.5% in 2022. Labor markets remained … Continued
Equities sold off in December amid recessionary fears fueled by the Federal Reserve’s tighter monetary policy. In the U.S., the S&P 500 Index fell 5.8%, bringing losses for 2022 to 18.1%, the worst calendar year return since the Global Financial … Continued
Global equities moved higher in November, cementing gains from the prior month, as the MSCI ACWI Index added 7.8%. In the U.S., softer-than-expected inflation data fueled expectations that rate hikes by the Federal Reserve may end earlier than anticipated. Monthly … Continued
Risk assets sharply rebounded in October despite tighter monetary conditions in the face of persisting inflationary pressures. U.S. equities outperformed with the S&P 500 Index posting gains of 8.1%; the MSCI ACWI ex U.S. Index was up 3%. Value stocks … Continued
Equities continued their downward slide in September as central banks around the globe reiterated their commitment to tighter monetary policies amid persisting inflationary pressures despite softening economic growth. In the U.S., the S&P 500 Index plummeted 9.2%, fueling year-to-date losses … Continued
Following a strong rebound in July, equities came under pressure last month as central banks around the globe reiterated their commitment to tighter monetary policies amid persisting inflationary pressures despite softening growth. In the U.S., the S&P 500 Index fell … Continued