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Gnomon Alpha Fund November 2024 Commentary

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HFA Staff
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Gnomon Alpha Fund
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Gnomon Alpha Fund commentary for the month of November 2024.

Dear Partners and Friends -

The Gnomon Alpha Fund Global Macro and Global Macro Enhanced share classes returned +1.1% and +1.5%, respectively, in November, and up +7.7% and +10.4% net for 2024.

Fed Must be Free or Die

“Live free or die,” said General John Stark, a hero of the Revolutionary War, whose words live on as the slogan of the State of New Hampshire. It was the rallying cry of the American Colonists in the Revolutionary War as they shattered the shackles of King George and birthed a free and independent nation.

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Today, Americans face another threat to their freedom: the freedom to live within...

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