Hello everyone, and welcome back to our weekly Portfolio Watch.

Here, we delve into the performance of our portfolio and take a close look at the ever-changing landscape of financial markets.

Our decision to pivot towards energy and other traditional sectors seems to have been well-timed. However, it’s worth noting that we’re now at a juncture where high-risk assets are beginning to pull back from their prolonged highs.

As our regular readers would know the revival of volatility and the evolving seasonal patterns were elements I had anticipated would present difficulties for high-risk assets in the near term.

Chart 1 global Equity performance