Month: October 2024

Essex’s Nancy Prial: The Disruptive Impact of “Noise” vs. Fundamentals in Small Cap Investing

Technology has transformed investing dramatically. The stock market, once the domain of seasoned investment professionals, now has algorithmic trading, speculative hedge funds, and a slew of day traders, all vying for short-term gains. While these new strategies provide liquidity and rapid-fire responses to market data...Click to Read More     Please find important disclosures here. Read more ›

Nancy Prial on Small Caps and Interest Rates

Fed Rate Cuts Often Ignite Small-Cap Outperformance Fed rate cuts have often acted as a catalyst for small-cap outperformance, with this segment frequently outperforming large-caps over the next 3, 6, and 12 months. Coupled with cheap valuations, accelerating M&A activity, and improving earnings, we are optimistic that the recent trend of small-caps outperforming large-caps can continue. Additionally, tight high-yield spreads... Read more ›

Q3 2024 GEOS Review and Outlook

  Essex Global Environmental Opportunities Strategy (GEOS) Third Quarter ended September 30, 2024    With the US Presidential election approaching, it seems everything has been politicized today, including most facets of the energy transition.  Yet we believe any political risk for the clean tech sector is overly discounted at present, expediting attractive valuations and growth prospects. Beyond this exaggerated political... Read more ›