Daily Note | April 2, 2024 | Eaton Vance Bumps Equity Income CEF Distributions

Dilok Klaisataporn

Markets are poised for their second day in a row of a decent sell off as interest rates FINALLY react to the prospect of higher-for-longer. Friday's PCE inflation rate was +2.8%, down 0.1% from the month ago and showing signs of stickiness at these levels.

We are back to good news equals bad news.

Then on Monday we got the iSM manufactur…