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Daily Note | January 9, 2024 | Karpus Adds To The Recent Activism

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Yield Hunting
Jan 09, 2024
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Stocks are down moderately (-0.7%) as the market slide of 2024 continues, reversing yesterday's rebound. No significant macro data is out today but Thursday we get CPI, who's utility is starting to wane. Interest rates are flat with the 10-yr yield hanging around 4.0%.

The S&P 500 recovered all of its 2024 losses yesterday following dovish inflation data…

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