Global Asset Allocation Team Market Update – October 2024
October 8, 2024 | Market Commentary, Public Markets
The third quarter ended on a strong note, with a clear easing path for many global central banks paving the way for a soft landing. While the Federal Reserve joined a host of other major central banks and embarked on a new easing cycle at the September gathering, China unleashed a profound stimulus package late in the month – which when taken together helped to fuel risky assets towards month-end.
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