Yield Hunting | July 2022 Newsletter And Updated Sheets
Summary
Markets finished their worst first half since 1970 with the S&P 500 down just over 20%. The market was down about 15% in the second quarter alone.
Credit has been less susceptible to responding to the economic slowdown but we believe that will change. There are many reasons why credit hasn't responded and we discuss below.
Closed-end funds are st…
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