Ativo Q3 2024 Commentary

Thursday, October 24, 2024

The global equity market had a very strong third quarter, with the MSCI ACWI Net returning 6.61% in US dollar (USD) terms. During the quarter, there were shifts in market leadership and significant spikes in volatility. Despite these moves, stock markets in most countries finished the quarter with sizeable gains, lifted by solid global growth, the start of the Federal Reserve’s rate-cutting cycle, and monetary easing abroad.

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