Vol. XXII, Issue 34
The statistics about home ownership are staggering: Only about 20% of home listings were affordable for the typical U.S. household in 2022, according to Redfin. Wespath's Sylvia Poniecki, Director of Impact Investments, explores the issue of housing affordability in our latest Markets at a Glance video. She explains why Wespath cares about homeownership and housing affordability in general—and how Wespath is working to address the affordability issue. Read our August Monthly Investment Report to learn more about housing affordability and a turbulent month for stocks.
Charitable giving declined last year, negatively impacting mission-driven, not-for-profit organizations like the ones Wespath serves. In our latest Investment Insights blog post, Wespath's Evan Witkowski, Manager, Institutional Relationships, examines what was behind the dip in 2022—including inflation and market performance—and highlights other key trends affecting our partners.
The Wespath Portal, Benefits Access plan sponsor portal, Contribution Management, Wespath Institutional Investor Portal and the Comprehensive Benefit Funding Plan websites will be unavailable Saturday, September 16, 2023 from 1:00 a.m. to 7:00 p.m., Central time. During this system outage, Wespath will perform system maintenance and update the website. We apologize for any inconvenience.
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