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

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 …