Daily Note | November 7, 2023 | Three CEFs Lost Their Lives Today (JPT, JPS, GIM)
Good Morning!
Stocks are a bit mixed this am with the Nasdaq on a 7-day winning streak. The S&P is lower by a quarter point even though bond yields are lower as well. MegaTech names are weaker. Oil fell below $80 a barrel.
The SLOOS report showed continued tightening in credit conditions although that is slowing. All banks reported weaker demand for…
