Gladstone Investment: Benefits From Lack Of Rate Cuts
Gladstone Investment(GAIN) Seeking Alpha·2024-04-12 20:47Jonathan Kitchen/DigitalVision via Getty Images Overview The latest CPI report released, and the overall sentiment leads to a lower chance of interest rate cuts. The original probability of interest rate cuts before the March CPI report was around the 56% mark but has now dropped to an 18.5% chance of rate cuts by the end of June. While the market seems to be unpleased with this news, I think it's a great thing for the Business Development Company [BDC] sector and companies like Gladstone Investment (NASDAQ ...