Weekly Commentary | November 2, 2025 | OPP/JGH Rights, PIMCO, Top Buys
Summary
Stocks reached new highs as the Fed signaled uncertainty on further rate cuts, while small caps lagged and gold corrected sharply.
Closed-end fund (CEF) discounts stabilized, with muni CEFs showing resilience despite rising rates, indicating strong investor demand.
PIMCO Dynamic Income (PDI) and PIMCO Corp & Inc Opportunity (PTY) offer compelling u…
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