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Manole Capital Management’s Q2 2024 Investor Letter

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...