Estimated reading time: approximately 3 minutes Dear Esteemed Investors, As we stand on the threshold of the final quarter of the year, a comprehensive analysis of the situation in the three key areas of the global economy (United States, China, and Europe) is warranted. Going beyond the facile slogans that markets often favor, it is crucial to establish an effective course of action. United States: Once Again, the Consensus Was WrongAt the start of the year, the general consensus predicted a sharp economic contraction (hard landing) by year-end, leading many analysts to recommend an ultra-defensive stance and traditionally safer assets. Simplify Partner’s strategy differed slightly: we opted for a “less-cyclical” approach by investing in high-quality high-yield assets, a decision that has proven to be… Read more
