Weekly Commentary | September 29, 2024 | Taxables Nearing Premium Levels But Still A Few Opps
Summary
China’s stimulus package boosted their stock market, with the Shanghai Composite Index up nearly 13% and the CSI 300 soaring 15.7%.
US stocks hit new record highs, driven by the Fed's rate cut, AI enthusiasm, and broadening market leadership.
Taxable CEF discounts tightened, while Muni CEFs widened; emerging market equities rallied, particularly As…
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