Manole Capital Management, an investment management company, focused on covering the Financial and Technology sectors, released its second quarter 2024 investor letter. There was a sharp increase in the stock market from mid-October 2023 through March 2024. Mega cap technology and growth stocks were the leading sectors while the strength was broader as the Energy, Financials, Healthcare, and Industrial sectors outperformed. A general sense of optimism was present as the S&P 500 had its best first quarter since 2019. The letter discussed news in credit cards and a $30 billion interchange...
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