Jacob Fund is a mutual fund company, released its third-quarter 2025 investor letter. The latest quarter showed continued market recovery, with major equity indexes reaching new all-time highs. After uncertainties regarding trade policy, finalized tariffs had a limited economic impact, stabilizing the market and refocusing investors on fundamentals. The fund anticipates a new productivity cycle that will enhance profit margins and earnings growth by keeping labor markets subdued. In addition, the fund will remain focused on companies poised for earnings growth and improved valuation...
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