GTC Trendline – Third Quarter 2024
Overview
This quarter there’s plenty of good news to report. Both local and global markets delivered strong performances, with South African equities gaining nearly 10% and property soaring by nearly double. The rand showed strength against the dollar, albeit balancing out the benefits of a diversified portfolio.
While challenges persist, it’s a time of cautious, conservative optimism. With gold rising and oil prices dropping, this quarter’s results reinforce the value of strategic diversification, leaving us eager to see what the final stretch of 2024 has in store.
