Daily Note | October 11, 2023 | Muni Destination Options For Tax Loss Harvesting

Oct 11, 2023

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Good Morning!

Equity markets are moving up again (the Dow for the fourth straight day), despite the hotter-than-expected wholesale inflation ("PPI"). Interest rates are lower again and the 10-yr has shed nearly 25 bps in the last two days as a flight to safety continues.

PPI came in at +0.5% for September, nearly 20 bps above the consensus estimate. …

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