Manole Capital Management’s Q3 2023 Investor Letter

Manole Capital Management, an investment management company, focused on covering the Financial and Technology sectors, released its third quarter 2023 investor letter. A copy of the same can be downloaded here. Inflation is nearly two-thirds lower than a year ago, unemployment is negligible, and the economy is expanding nicely. The Fed has reiterated its intention to keep interest rates “higher for longer.” Fed Funds reached a 22-year high following the most recent rate hike. The firm...