Microcap Bulletin – Q1 2021
Despite a challenging last year on a social level, but a great one in the financial markets, we started the new year with optimism. Now that vaccines are beginning to be administered on a large scale and government financial interventions are still massive, economic recovery prospects are excellent in the short to medium term.Read more >
Microcap Bulletin – Q3 2020
During the third quarter, we saw the continuation of a trend that began in the second quarter: a sustained rally across North American stock markets. In the United States, the S&P 500 Index even hit a new all-time high at the beginning of September.Read more >
Microcap Bulletin – Q2 2020
In the first quarter, we wrote in this quarterly letter that the S&P 500, the leading US market index, had experienced the quickest decline in its history. In the second quarter, the story was completely the opposite, as this same index had its best quarter since 2009, when the market was recovering from the global financial crisis.Read more >
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