Daily Note | Dec 22, 2023 | Eaton Vance Joins The Party

Markets are moving up again and headed for an 8th straight weekly gain as PCE inflation data showed +0.1% headline rise. The S&P is now less than 1% away from an intraday record and 0.6% from a record close.

The core personal consumption expenditures ("PCE") price index rose 3.2% in November on an annual basis. Economists polled by Dow Jones had expected…