Did You Know? NCTC Clients Can Reap the Benefits of Presbyterian Foundation MROs

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

Election Results Add Certainty, Uncertainty for Investors

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

Q2 2024 Review: Markets Keep Dancing to 2023’s Hits, Rotation May Be Brewing

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

Friendship Presbyterian Church is Moving its Mission Forward Through Community Building

Expansive. Inclusive. Collaborative. Creative. Transformative. Those are just a few of the values Chicago-based Friendship Presbyterian Church (FPC) embodies through its ministry work. “Something that we say often — what I understand was a phrase that first originated in the disability rights community — is, ‘Nothing for us without us,’” said FPC Pastor, the Rev. … Continued

Market Turbulence Picks Up as Higher-for-Longer Narrative Takes Hold

The S&P 500 fell more than -4% in April as markets grappled with significant changes to expectations around interest rate cuts in 2024, following a third disappointing inflation report in a row to start the year. These reports have shown inflations decline essentially flat lining since last fall, with markets gradually moving their rate cut … Continued