Weekly Commentary | January 21, 2024 | CEF Discounts Widen Out Again

Summary

• Equities ended the week higher, with the S&P 500 up 1.10% and a YTD increase of 1.40%.

• Small caps and international markets continue to underperform.

• Manufacturing data shows weakness, but retail sales and consumer sentiment remain strong.

• On the muni side, there will be a 'public' article on Nuveen High Yield Muni (NMZ) which I think is one of the …