Weekly Commentary | February 4, 2024 | Some Decent Opportunities To Round Out Your Income Portfolios

Summary

• S&P 500 hits new record highs, but small caps decline for the week.

• FOMC meeting removes possibility of rate cut in March, strong jobs report further reduces chances. Yields increase as market anticipates rate cuts being pushed back.

• Equity CEFs are now among the cheapest levels that they've been in for the last 25 years. A lot of this is being dri…