Post by
mouserman on Apr 04, 2024 4:22pm
DF unit nav to April 4 = approx: $14.96
Spreadsheet showing a loss of 19 cents since the march 28 numbers. And the trend being down since APRIL 1 will likely mean a miss for DF again.... going to be hard to gain in a market correction.
I still believe the commercial debt underwater , along with the record consumer debts on credit cards and loans will eventually come hime to roost for the banks.. Especially with the likelihood of higher for longer looking to continue into the fall. Market really did get ahead of itself in the first Q predicting a series of rate cuts starting in the spring. A correction is not out of the realm of possibility at all.