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The Atlanta Fed’s GDPNow indicator reports a robust growth of 4% annualized for the recently completed third quarter of 2023. Despite this positive economic outlook, investor sentiment is marked by fear, with the CNN Fear & Greed index indicating a state of extreme fear.
The Gabelli Dividend & Income Trust (GDV) has delivered a 16.6% return, outperforming the S&P 500, and is currently available at a discount of 10.4%. Another option is the Neuberger Berman Next Generation Connectivity Fund (NBXG), offering a 9.7% dividend but trading at a 12% discount, indicating potential value despite mixed market sentiments.
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