Don’t Miss Out

Published on October 30, 2024

Deep value stocks are GMO Asset Allocation’s highest conviction investment idea. In a world where many stocks are being driven ever higher by positive sentiment and investor optimism, some fundamentally sound but unloved companies are being left behind, consequently trading at extraordinary discounts.

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Don't Get Spooked, It's Time to Go Trick-or-Treating

October 30, 2024
Yields have risen from the dead since their recent lows in mid-September presenting investors with an opportunity that many were scared had disappeared following the FOMC’s 50 basis point rate cut at their last meeting.

US Department of Labor recovers $53K in back wages, damages from cleaning service that misclassified 59 workers as independent contractors

October 30, 2024
Employer:                              Finichel LLC, operating as Finichel Cleaning Services Investigation site:                  801 Mohawk DriveWest Columbia, SC 29169Investigation findings: Investigators with the U.S. Department of Labor’s Wage and Hour Division found a South Carolina cleaning services provider misclassified 59 workers as independent contractors, resulting in the company paying