Wasatch Global Investors, an asset management company, released its “Wasatch U.S. Select Strategy” third-quarter 2024 investor letter. U.S. stocks experienced fluctuations during the third quarter but ultimately closed with strong gains. This positive outcome was partly driven by a shared belief that the U.S. economy might attain a soft landing and that interest rate reductions could be forthcoming. In September, the Federal Reserve acted on this sentiment by lowering its benchmark...
Wasatch U.S. Select Strategy’s Q3 2024 Investor Letter
