Gabelli's column

What Has Happened in Wall Street This Summer?


  1. 'Despite elevated inflation, supply and demand imbalances and broader price pressures, job gains have been robust and the unemployment rate remains low. At some point, the Fed will start to slow hikes as they remain committed to returning inflation to its 2% objective.'
  2. 'We see an opportunity for companies to issue new convertibles in exchange for existing issues. This could be an accretive transaction for the company while extending or laddering maturities to be more manageable.'