180 Degree Capital Corp.’s Q4 2023 Investor Letter

180 Degree Capital Corp., an investment management firm, recently released its fourth quarter 2023 investor letter. This recession has caused investors to move their capital away from risky assets to safer ones. Despite predictions of a return to higher interest rates, the economy has not suffered any major setbacks. Instead, GDP has risen by 3.1%, wages and salaries have grown by 4.7%, real private fixed investment in manufacturing structures has reached record highs, and employment rates...