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Palisade Capital Management Chief Investment Officer Dan Veru Appears on CNBC’s “Worldwide Exchange”

Friday, May 05, 2023

Chief Investment Officer Dennison T. Veru appeared on CNBC this morning to discuss why he believes the Fed is essentially done raising rates and whether there could potentially be a cut this year.

Click on the link below for his appearance.

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The information contained herein reflects the view of Palisade Capital Management and its affiliates as of the date of publication. These views are subject to change without notice at any time subsequent to the date of issue. All information provided in this commentary is for informational purposes only and should not be deemed as investment advice or a recommendation to purchase or sell any specific security. While the information presented herein is believed to be reliable, no representation or warranty is made concerning the accuracy of any presented data. In addition, there can be no guarantee that any projection, forecast or opinion will be realized. This is not intended for distribution to, or use by, any party in any jurisdiction where such distribution or use would be contrary to local law or regulation.

Certain information contained in this commentary constitutes “forward-looking statements,” which can be identified by the use of forward-looking terminology such as “may,” “will,” “should,” “expect,” “anticipate,” “project,” “estimate,” “Intend,” “continue,” or “believe,” or the negatives thereof or other variations thereon or comparable terminology.  Due to various risks and uncertainties, actual events, results, or the actual performance of investments may differ materially from those reflected or contemplated in such forward-looking statements.  Nothing herein may be relied upon as a guarantee, promise, assurance, or representation as to the future.

Specific investments described herein do not represent all investment decisions made by Palisade Capital  Management.  The viewer should not assume investment decisions identified and discussed were or will be profitable.  Specific investment references provided herein are for illustrative purposes only and are not necessarily representative of investments that will be made in the future.

Investing in securities involves risk, including the risk the entire amount invested may be lost. Securities investments are not guaranteed. Palisade’s valuation predictions may not be correct and/or achieved within the anticipated time frame. A risk in a long-term purchase strategy is that Palisade may not take advantage of short-term gains that could be profitable. Moreover, if Palisade’s predictions are incorrect, a security may decline sharply in value before being sold. Equity securities fluctuate in value in response to many factors, including the activities and financial condition of individual companies, the business market in which individual companies compete, industry market conditions, interest rates, and general economic environments.  Palisade’s portfolios are susceptible to operational, information security, and related risks from cyber security incidents resulting from deliberate attacks or unintentional events.

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