Many institutional investment advisors, including Syntrinsic, anticipate lower capital market returns over the next decade due to the long-term economic ramifications of the pandemic. With these lower return expectations, many nonprofit organizations are wrestling...
September has been an intense month and a rollercoaster for the equity markets. On one hand, there is some good economic data. On the other hand, the U.S. Federal Reserve (FED), the National Bureau of Economic Research (NBER), and the S&P 500 seem to be indicating...
On March 27, 2020, the President approved the CARES (Coronavirus Aid, Relief, and Economic Security) Act, a $2.2 trillion package of economic interventions to support individuals, small businesses, hospitals, and state, local, and tribal governments.1 The goal was to...
“The Great Lockdown” as coined by the International Monetary Fund resulting from the health crisis, COVID-19 pandemic, has led to a significant loss in human life, extreme unemployment, financial instability, and a dramatic drop-in economic activity. This health crisis has caused a human crisis and an economic crisis.
Absher joined Syntrinsic in 2013 and oversees the firm’s efforts to provide investment advice and strategic consulting to private foundations, public charities and philanthropic private clients.
The past week, investors bought up millions of shares of Hertz, a bankrupt rental car company that’s stock is essentially worthless.[i] And so many investors piled into wanna-be electric vehicle maker, Nikola, that its market value briefly matched that of Ford...
As the health and economic impacts of the COVID crisis deepen, the world at times feels divided between extreme optimists and gloomy pessimists. What place is there for a more measured voice like Syntrinsic’s? For insight, we have called upon our friends from the...
As the COVID-19 pandemic has suddenly driven unemployment and hobbled or closed many businesses, people have less cash to meet rental and mortgage obligations. Missed lease and mortgage payments across residential and commercial properties could have far-reaching...
If you are wondering about inflation, you are in good company. With unprecedented government stimulus around the globe being deployed with record speed, it is natural to wonder if such loose monetary policy will lead to higher...
Jim will work closely with Syntrinsic’s clientele of community foundations, private foundations, public charities, and other philanthropic entities and families.
How can the U.S. stock market perform so well when the American economy is doing so badly? Though the S&P 500 declined by 30.43% from January 1, 2020, to the recent low on March 23, it is up 31.25% from March 23 to May 8. Between the crash and subsequent rally,...
Tracking the Crisis The Great Financial Crisis gathered like a slowly building storm long before it caught the attention of most of us. Quant models failed in the summer of 2007, LIBOR spiked a few months later, and then the Auction Rate market froze in...