Daily Note | October 31, 2023 | Another Down Month For Stocks

Summary

• Stocks are on track for their third consecutive losing month, with the S&P down about 3%.

• The upcoming Fed decision is expected to have little impact, as there is no probability of an interest rate increase.

• Blackrock has called off the merger of several of their muni CEFs due to opposition from an activist shareholder.

• Updated on IHIT, FDEU, NUSI.

• B…