Market Commentary May 2024

Letter 3

After a relatively stable Q1, which saw equities climb on the back of the economy’s resilience, April saw fresh bouts of volatility.



Executive Summary Market Review​​​​ Global equity markets had a robust first half, with US equity gains surpassing even optimistic expectations....

Market Commentary June 2024

Mr. Market has been particularly schizophrenic in the past 12 months: Fed expectations have swung from 6 (interest rate) cuts...

Market Commentary April 2024

The year started with a volatile January, followed by gains starting in February as investors shook off their prior concerns.