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Lock Down

01:35pm, Thursday, 30'th Apr 2020
Even in normal times the stock markets are leading indicators of the economy. Now they are very leading indicators. For those with a good deal of risk appetite,
MFS releases closed-end fund distribution source information for several funds for April 2020
Jefferies Equity Analyst & SVP Randy Giveans joins Yahoo Finance’s Seana Smith to discuss his outlook on oil prices as volatility in crude continues.
23 out of 23 CEF sectors positive on price and 23 out of 23 sectors positive on NAV this week. CEFs stage massive relief rally. GER/GMZ announce reverse share s

The Fed, Fundamentals, And Credit

10:12am, Tuesday, 21'st Apr 2020
The Fed’s backstop helped bring down credit spreads, both investment grade and high yield. Banks appear positioned to make it through the Corona Crash according
We have the crippling global pandemic that we're all struggling with, and second, a concurrent collapse in oil prices. The result of this has been a swift and b
Stocks were never as cheap during this crisis as they were in 2008 and 2009, and are unlikely to quickly charge to new highs with earnings falling. After anothe
The IMF said it expects the global economy to contract by 3% in 2020 and negative earnings pre-announcements have been issued by major companies, yet markets co
23 out of 23 CEF sectors positive on price and 23 out of 23 sectors positive on NAV this week. EDD and MSD reduce distributions by -7.7%. Look for rotation oppo
The bond markets are integral to our Capital Markets and way larger than the equity markets. Bonds in normal times were buy and hold entities so they didn't ell

Credit Markets - The Waiting Game

12:42pm, Monday, 06'th Apr 2020
When the stock market crash started, money initially continued to flow into investment grade corporate bonds. But that didn’t last. The recent interventions by
As many investors recall from the Great Recession more than a decade ago, indiscriminate selloffs can generate big potential rewards. Today, nearly every fixed-
The immutable power of time - with an assist from the U.S. Federal Reserve (the Fed) - is what investors can expect to restore order to the corporate bond marke

MFS Announces Closed-End Fund Distributions

08:30pm, Wednesday, 01'st Apr 2020
MFS announces closed-end fund distributions for April 2020
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