Market Commentary - November 2024
U.S. equity markets declined in the first quarter, weighed down by rising concerns over broad-based tariffs, decelerating growth, and renewed inflation risks
The Federal Reserve held rates steady at its March meeting, signaling a cautious stance and emphasizing it is not in a hurry to begin cutting, despite market pricing to the contrary.
Gold extended its outperformance as investors sought defensive positioning amid rising volatility, while cryptocurrencies and high-growth tech—including AI-related names—faced sharp selloffs