- We go through what is an interesting macro picture including why the markets sold off- blame Robinhooders playing with options!
- Interest rates eased back down - again- after spiking. We think this could be a recurring theme for the rest of the year. Brief spikes with some rate fears.
- Given the increase in the VIX, it is not surprising that CEF discounts widened across the board. But NAVs did okay on the bond side.
- We go through some funds to keep an eye on that are looking a bit interesting for those that are both traders and buy-and-holders.
- BWG tenders arrived at brokerage houses. I voted my Fidelity shares and am still awaiting TD's.
For further details see:
Weekly CEF Commentary | September 6, 2020