November Market Digest 2023

Below are some key highlights from what happened in markets in November 2023:

• Most asset classes performed strongly in November as positive sentiment drove equity and bond prices higher. Global equities generated 4.7% over the month and are now over 10% up year-to-date.
• Better than expected inflation data from the US, UK, and eurozone boosted hopes of earlier interest rate cuts next year.
• The Bank of England followed the US Federal Reserve in holding interest rates at the current level at November’s meetings.
• Given these market conditions, portfolios typically generated a positive absolute return over the month.

For more details, please download our full November Market Digest below!

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