Weekly Commentary | December 1, 2024 | FSCO, BKT Merger, Opp Rights, Little To Buy

Summary

• Stocks and bonds have performed exceptionally well, with major indices hitting all-time highs and CEFs showing significant gains, particularly in taxable and tax-free segments.

• Despite tight discounts in the CEF market, I recommend holding positions to maintain income streams and selectively adding high-quality late-cycle assets like preferreds an…