Weekly Commentary | October 29, 2023 | Muni CEFs Hit The 100th Percentile
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.
Macro Picture
Markets finished lower aga…
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