Weekly Commentary | April 28, 2024 | A Look At C&S Preferred & Income (PSF) As A Buy

Summary

• S&P 500 rose 2.8% for the week, shaving off two-thirds of April losses.

• Nasdaq rose 4.2% for the week, up 6.06% for the year.

• Interest rates rose, pushing down bond prices; credit, munis, and high yield are lower for the year.

• TSI, PSF, PHK, PCN, MQT, MMD, KSM look interesting here.

Macro Picture

Despite some fairly negative economic reports this past…