Archive for the
‘Markets & Economy’ Category

  Market Update and Economic Developments • International stocks, as measured by the MSCI EAFE, were up 1.94% in February and outperformed large US company stocks by 3.24% for the month, continuing strong relative performance year-to-date. German, United Kingdom, and French stocks led performance while Japan lagged developed international markets. This recent strength of developed [...]

  Market Update and Economic Developments • Markets ended a bumpy month higher, with commodities, bonds and global equities notching gains despite uncertainty in international trade, interest rates, and the future of AI. Freshly inaugurated, President Trump wasted no time rolling out dozens of executive orders and policies to implement his campaign promises, with markets [...]

PHOENIX, Ariz. – November 20, 2024 – Karen Ross has joined Mission Management & Trust Co. (Mission Trust) as a Trust Officer. With over 35 years of experience in trust and estate management, Karen brings a wealth of expertise and a proven history of exceptional client service to her new role. As a Trust Officer [...]

TUCSON, AZ – December 19, 2023 – Mission Management & Trust Co. (Mission Trust) proudly unveiled its new logo and brand image on December 11, 2023. The updated visual identity represents a collaborative spirit that has flourished since member-owned Notre Dame Federal Credit Union acquired Mission Trust in 2022. In a recent statement, Mission Trust [...]

Cryptomania is fast becoming a dangerous, money-losing proposition for investors, according to a recent bulletin from the Consumer Financial Protection Bureau (CFPB). The CFPB announcement dovetails with a flurry of reports last week about the collapse of cryptocurrency exchange FTX, leaving possibly more than 1 million creditors at risk of losing tens of billions of [...]

The Mission portfolio team is not fond of cryptocurrency for many reasons. Basically, the cryptocurrency world is full of fraud—from the false allure and promise of Ponzi schemes, to poor security for crypto “wallets,” to “rug-pulls.” The latter (derived from the expression “pull the rug out from under you”) has become a popular scam in [...]