It will surprise no one who has been paying even desultory attention to the news that last month was hit by a storm of headlines that did not help the market. Historical knowledge can add perspective and also some guidance, though when the news is rapid-fire and less predictable, it compounds the challenge to stay on an even keel. The Board of Managers watches, consults, explores possibilities, and searches for the most prudent approach in a volatile time, which is why, though the Dow was down over 5% in March, Easton Episcopal Funds declined 4.4%.