Tourlite Fund, LP Posts 4.5% Return for Q3 2024 and 13.8% Year-to-Date
The Tourlite Fund, LP has reported a 4.5% return for the third quarter of 2024 and a 13.8% year-to-date return. This brings the fund’s annualized returns to 11.0% since its inception.
Cautious Stance on Equity Market
We have maintained a cautious stance on the equity market, with near zero net exposure. Our concerns stem from downside risks to earnings expectations, particularly in the consumer sector, and broadly elevated valuations.
**Federal Reserve Cuts Interest Rates
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