Weekly Commentary | October 13, 2024 | MUI Tender, EHI, SRV Rights Offerings, Some Loan Funds Anyone?
Summary
Equity markets reached new highs, driven by strong bank earnings and Nvidia's performance, marking the two-year anniversary of the current bull market.
Federal Reserve's stance on rate cuts remains cautious, with long-term rates rising and inflation still above target, impacting interest-rate sensitive areas.
Closed-end funds (CEFs) show tightening…
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