Weekly Commentary | December 3, 2023 | CEF Discounts Take A Breather

Dec 04, 2023

∙ Paid

Summary

In November, the S&P 500 rose over 9% and the Bloomberg US aggregate bond index rose over 4.5%.
The PCE index rose 0.2% m/m and +3.5% y/y, down from September's figures.
Continuing jobless claims hit a 2-year high at 1.93m, indicating potential softness in the labor market.
FS Credit Opps (FSCO). The shares rallied bigly on Friday, perhaps in antic…