BDC COMMON STOCKS
This was a curious week for the broader markets – and for the BDC sector – pulled in different directions.
At the beginning of the week, the major indices were bouncing back from global economic concerns; tariffs troubles, etc.
However, then there was the end of week hardening of the Chinese and U.S. stance and stock market prices went to heck, and bond prices rose.
Just to provide a sense of context, the S&P 500 dropped (1.44%) on the week.
(By the way and just as an FYI, the index is now down 4 weeks in a row).
On Friday alone the S&P dropped (2.6%).