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August 31, 2023 Snapshot

After a pullback in July, the market is once again climbing, cautiously, as it absorbs Powell’s Wyoming speech, in which he left the door open to one more rate increase this year, though he was careful not to offer anything…

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Update from The Vice Chair

Steady hands help to produce consistent performance

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Silicon Valley Bank Collapse

Did we hold any Silicon Valley Bank or Signature Bank stock?
We do not own any individual stocks or bonds.

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Performance Since Inception

Chart detailing performance since inception by quarterly benchmark comparison

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Nothingburger News as Fed Pauses Raises

None of the Fed’s 2022-23 rate raises have surprised the Board of Managers.

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