We’d like to start this edition of the Capital Markets by thanking our readers and clients for another year of partnership and trust. Our prayer is for a blessed Advent season and Christmas for you and your families, communities and churches. As we look back on 2024, there are a number of historical events and … Continued
As the year draws to a close, many individuals and families are thinking about how to make the most of their charitable giving. Whether you’re aiming to maximize tax benefits or align your giving with deeply held values, there are smart strategies to consider beyond a direct gift of cash. Tools like gifts of appreciated … Continued
One of the things that sets New Covenant Trust Company (NCTC) apart from other top-tier investment management firms is our close relationship with the Presbyterian Church (U.S.A.) Foundation. NCTC was established as a wholly owned subsidiary of the Foundation in 1998. For our faith-based clients, that means they not only receive comprehensive, expert investment management … Continued
It’s been well-documented that markets crave certainty, and by early Wednesday morning following November’s election, traders were already pricing in a mostly certain outcome of Republican control of both the White House and Congress. As investors, this took off the table one of the markets’ known unknowns — who was going to win the 2024 … Continued
October is not just about pumpkin spice lattes and sweater weather, it is also Cybersecurity Awareness Month. As we gear up for cooler weather and spooky season, it’s a good reminder for you to understand the risks and learn how to protect your financial information from the ghouls of the cyber realm. Here are some … Continued
The S&P 500 notched another strong quarter in Q3, finishing September up over +20% so far for the year. The index has closed at a record high 47 times this year and is on track to make it the fifth year out of six with a +15% or more gain. While the S&P 500 finished … Continued
The S&P 500 had its best week of the year in the second week of September. The only problem was that the prior week had been the index’s worst week of the year. Markets have been moving in a “W” shape since mid-July, when the S&P 500 hit its last record high. A market with … Continued
Many investors perceive the “risk” in investing refers to only to the potential of markets going down, or of an investment losing money. In fact, investment risk is most often measured by variance, or volatility — by how wide the spectrum of potential outcomes is — both up and down. In markets, higher returns come … Continued
The S&P 500 ended the first half of 2024 up over +15%, in large part driven by the same familiar factors that have pushed the market higher by +24% in 2023, and now over +50% since October of 2022. Optimism surrounding softening inflation, falling interest rates and a productivity boom from artificial intelligence have been … Continued
As the S&P 500 surged to a +24% gain in 2023, much was made around the “Magnificent Seven” mega-cap tech stocks and how these seven companies accounted for nearly 90% of the indexes’ gain for the year. As the calendar turned to 2024, many expected limited upside to these companies, and to the market in … Continued