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PIMCO Energy and Tactical Credit Opportunities Fund of Beneficial Interest
Our weekly commentary goes out each Sunday evening and discusses the relevant CEF news on the week along with general market action. This report was issued on December 8th to members of Yield Hunting.
Macro Picture
Last week we saw trade hopes spur the equity markets to new record highs but this week saw that reverse. The week started off in the red with President Trump slapping steel and aluminum tariffs on Brazil and Argentina. Although it is a relatively small amount of trade dollars, the move was seen as a shift back towards