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Weekly Commentary | April 21, 2024 | RSF Rights Offering Leads To Buying Opportunity
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Weekly Commentary | April 21, 2024 | RSF Rights Offering Leads To Buying Opportunity

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Yield Hunting
Apr 21, 2024
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Weekly Commentary | April 21, 2024 | RSF Rights Offering Leads To Buying Opportunity
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Summary

  • The market experienced its third consecutive week of losses, with the Nasdaq down over 7% and small caps down over 8%. Geopolitical concerns aided the decline.

  • Chip supplier ASML Holdings' first quarter miss is affecting the semiconductor sector, with Nvidia being particularly vulnerable to a correction.

  • Taxable bond CEF discounts have widened out …

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