Weekly Commentary | October 29, 2023 | Muni CEFs Hit The 100th Percentile

Oct 30, 2023

∙ Paid

Summary

Markets finished lower due to the escalation of conflict in the Middle East, leading to a flight to safety with lower yields and higher gold prices.
Mixed earnings results from tech giants with solid growth but weaker guidance.
GDP came in strong at +4.9%, but core PCE prices rose below consensus expectations.

Markets finished lower aga…