2023 – A Broader Economic Revival?

Gabelli's column

Date:

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  1. "Convertibles got off to a strong start in 2023 with the best month for performance since 2020, led by a number have factors, but generally the appetite for risk has increased to begin the year. "
  2. "We continue to see opportunity in the convertible market this year. The fixed income equivalent issues still offer compelling yields to maturity even after the recent moves."
  3. "Despite lower earnings expectations, the tone of the market seemed to align more with soft-landing expectations than hard-landing scenarios."