Why Investors are Cautiously Optimistic for the Year-End

Gabelli's column

Date:

Pixabay CC0 Public Domain
  1. "Investors are hopeful that improving inflation data helps support the Fed’s decision to potentially slow its hiking pace in the future."
  2. "Convertibles have outperformed their underlying equities, but have not been spared as investors have shifted their focus from growth to cash flows and the macro environment."
  3. "Management teams that are willing to trade a growth at all costs mentality to focus on positive cash flows as well as improving their capital structure are being rewarded with better stock and convertible performance."