Matrix Asset Advisors, an asset management company, released its Q3 2026 investor letter. The letter can be downloaded here. U.S. equities increased by 2.30% in Q3 and 12.75% year-to-date through September 30, despite challenges including volatility, high oil prices, inflation, and elevated interest rates. The Federal Reserve’s short-term rates rose to 3.75%–4.00%, with the 10-year Treasury yield at 5.29%. Matrix maintains a cautiously optimistic stance on equities and is optimistic about...
What Drives the Long-Term Bull Case for Uber Technologies (UBER)?
