Weekly Commentary | December 22, 2024 | Tantrum 3.0?, Muni CEFs, Quality Vs Credit

Dec 23, 2024

∙ Paid

Summary

The Federal Reserve's hawkish outlook for 2025, including higher Fed Funds rates and revised inflation and unemployment forecasts, led to significant equity market declines.
The volatility in equity markets caused discounts in CEFs to widen, presenting buying opportunities in muni CEFs and high-duration taxable bonds.
Consider adding high-quality, …