The Fed dropped interest rates a quarter point in September and again in October by another quarter point, which put the rate between 3.75 and 4%. As usual, Fed Chair Powell’s verbiage has been quietly cautious, in contrast to a…
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The market continues to thumb its nose at uncertainty. As a result, the Board of Managers, with its collective experience, professional expertise, and historical memory is watching even more closely. Since the Federal Reserve Board reduced the Federal Funds rate…
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Some of the media was focused on a Will-they-or-won’t-they? guessing game (sometimes called punditry) trying to predict whether the Fed will decrease interest rates in their July meeting. There was much ado in the news and on various social media…
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Whether it’s the wall of worry, the slough of despond, or the rabbit hole, the market seems to have shrugged off at least for now some of the uncertainty to continue its climb. Whatever the cause (in part potentially the…
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Despite the frenetic news cycles, the Easton Episcopal Fund is not only weathering the current squalls, but doing well. Performance improved in the second quarter. For the quarter we were up 7.70%. This strong performance offset a mediocre first quarter performance…
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Despite the instability of the rhetoric and government policies, the Easton Episcopal Fund has emerged from May with a month-to-date gross return over 3.50%. Maintaining this has been the work of a number of dedicated people with long financial experience…
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The weather, both actual and financial, has been quite up and down these past few months. So much for the adage: March comes in like a lion and out like a lamb.
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