Archive for August 2023

The Federal Reserve has been aggressively raising interest rates since last year in response to significant inflationary pressure. As noted in a previous report, earlier in the year we witnessed the effect of a change in monetary policy on the small banking sector. Some notable banks failed, others merged and most required access to increased…

Disclosures:⦁ Past performance is not indicative of future performance.⦁ Cash was included in calculated the Global Equity portfolio returns.⦁ The Global Equity benchmark is the MSCI Global Value Index.⦁ Investing in the Global Equity risk entails substantial risks, including risks associated with investing in emerging markets.⦁ The Global Equity strategy is not FDIC insured and…