Pernas Research, an investment management firm, released its third quarter 2023 investor letter, a copy of which can be seen here. In the third quarter of 2023, Pernas Research delivered a year-to-date return of 34.9%, surpassing the performances of both the S&P 500 (13%) and the Russell 2000 Index (2.6%) during the same period. Take […]
Decent U.S. GDP growth, a less-hawkish Fed, upbeat holiday season sales, cheaper valuation of small-caps and potential M&A activities should drive small-cap ETFs higher in 2024.
Tomorrow morning is the big Employment Situation report, expected to bring in 190K new jobs for November.