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Weekly Notebook Review | Portfolio Construction + Market Setup $SPY $QQQ | May 24, 2023

Hedgeye Podcasts

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The Taxable Equivalent Yield Is 717 and the Fund Looks Decent for Me

The taxable equivalent yield is 717. Markets were being very choosy, so you didn't have a lot of speculative deals coming out. I think that when we get the labor shock and rates drop, I will probably dump this at maybe $26 a share. We'll just kind of have to see where it plays out.

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