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Commissioners approve implementation of investment adviser recommendations after market update
Summary
Seminole County's investment adviser briefed commissioners on market conditions and portfolio positioning; the board unanimously authorized staff and the clerk to implement the adviser's recommendations.
Seminole County's investment adviser presented a market update at the Sept. 23 board meeting and commissioners voted unanimously to direct staff and the clerk to implement the adviser's recommendations.
Investment adviser Mr. McIntyre told commissioners the macroeconomic backdrop remained "turbulent" and uncertain, noting decelerating labor market signals and an expectation among economists for modest growth entering the…
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