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2022 Year End Report

2022 Year-end market review: rate hikes & the perfect storm

Stocks and bonds climbed in the first half of the quarter as concerns about inflation abated, but the Federal Reserve brought investors back to reality with aggressive interest rate policy and messaging. After an initial rally, U.S. stocks ended the quarter near 2022 lows. Small-cap stocks fared a little better than their large-cap counterparts; growth

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Kids say thanks

Loan anchors church rebirth as center for families in crisis

When single mother Tavia Holloman experienced a family crisis coming out of homelessness, she found the Learning Empowered agency, and it changed her life. “They always made sure my family had the resources we needed, connecting me with different services,” she said. “They taught me about community and engagement and empowering others. “It’s about what

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Ron Coleman

New chairperson helps board remain ‘locked in and focused’

The Florida United Methodist Foundation has had lawyers, bankers, accountants and pastors leading its volunteer board of directors. Now, a Navy veteran is assuming that role. Ron Coleman Jr., a longtime member at Calvary United Methodist Church in Orange Park, was elected in June to serve as chairperson of the board, which includes clergy and lay

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Foundation, Puerto Rican agency boost disaster victims’ emotional resilience

Maida Derouiche, 57, was at her daughter’s house in Ponce, Puerto Rico, when a 6.4 magnitude earthquake hit Jan. 7, 2020. “It was not easy,” Derouiche said. “It was a moment of many mixed emotions because at my age, I had never gone through that kind of situation, with a granddaughter by my side.” Her

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