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Daily Note | Dec 8, 2023 | GIM A Good Buy Here

Daily Note | Dec 8, 2023 | GIM A Good Buy Here

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Yield Hunting
Dec 08, 2023
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Yield Hunting
Yield Hunting
Daily Note | Dec 8, 2023 | GIM A Good Buy Here
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Summary

  • The jobs report was better than expected, with 190,000 new jobs created and the unemployment rate falling to 3.7%.

  • Average hourly earnings rose by 0.4%, the strongest rate this year.

  • CEFs' NAVs continue to rise, but discounts have failed to close further since November.

  • We've seen PCM, BTA, JLS,, and FMY really move up in valuation in the last week.

  • …

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