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