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BGX - Weekly Commentary December 15 2019: Some Opportunities Materializing
Blackstone GSO Long Short Credit Income Fund
(This report was first issued to members of Yield Hunting on December 15th. All data herein is from that date)
Macro Picture
Lots of incremental macro news came out this week with the looks of a trade deal and the UK election boosting stocks. Markets closed at all-time highs on Friday as the tail risk from a trade war with China fades. Both President Trump and Chinese Vice Minister of Commerce confirmed that the two countries reached a preliminary agreement on a phase one deal.