Market Commentary January 2025

Letter 3

Despite the December pullback, 2024 was a good year for asset returns overall.

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Executive Summary Market Review​​​​ Following a challenging December, January was kind to most major asset classes with gold and equities...

Market Commentary December 2024

November saw risk sentiment surge after the Republican "red sweep" in the US election.

Market Commentary November 2024

October saw a reversal of September’s rally, reflecting the ongoing challenges of investing in a late-stage economic cycle.