Though a slowdown for 4Q and 1Q 2024 is expected, the US economy shows few signs of it. Source: The Daily Shot(Past performance is no guarantee of future results.)

Blockbuster drugs Ozempic and Wegovy are driving Denmark’s manufacturing production. Source: Apricitas Economics(Past performance is no guarantee of future results.)

Industrial activity in Sweden surged in August, thanks to higher car and truck production. Source: The Daily Shot / OECD(Past performance is no guarantee of future results.)

September’s unexpected new job additions of 336,000 increased Fed hike concerns. Source: U.S. Bureau of Labor Statistics(Past performance is no guarantee of future results.)

High-yield bond yields for 3Q have settled into a tight range around 9%. Source: Pitchbook LCD(Past performance is no guarantee of future results.)

The Fed’s hawkish rates policy has pushed ten-year Treasury yields to a multi-year high. Source: Board of Governors of the Federal Reserve System (US)(Past performance is no guarantee of future results.)

GP-led secondary equity transactions peaked in 2019 but still healthy share. Source: Evercore(Past performance is no guarantee of future results.)

The popularity of secondary equity investments has risen markedly since 2016. Source: Evercore(Past performance is no guarantee of future results.)