Weekly Commentary | December 8, 2024 | VPV Tender, Tortoise Corp Actions, PDI, IGI, GBAB Buys

Dec 09, 2024

∙ Paid

Summary

Equity markets hit new records, supported by lower interest rates and a strong, but not overly robust, jobs report, suggesting continued Fed rate cuts.
Muni CEFs are performing well; advised to pause buying as 10-year yields drop. Focus on Nuveen Municipal Income and RiverNorth Flexible Muni Inc.
PIMCO Access Income's premium is correcting; conside…