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

Oct 31, 2023

∙ Paid

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.
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