Monthly Market & Fund Update – November 2024

This month, we focus on the importance of valuations in driving long-term equity returns and key economic updates:

• Local Markets: A mixed month for JSE sectors, but bonds (ALBI) surged 3%, fueled by lower-than-expected inflation for October.
• Offshore Markets: US labour market strength eases recession fears as unemployment drops from 4.3% to 4.1% over the last 4 months.

Stay informed and make better investment decisions with Salvo Capital.

👉 Read more in this month’s newsletter to see how these changes could shape your investments.

Monthly Market & Fund Update

Summary  – November ’24