© Reuters
Stock markets are recovering, with Japan on top and the United States following, despite the data on the labor market (and above all on inflation) still being strong. However, Chinese weakness persists, we need to evaluate the reactions of the markets now that the pro-Western candidate has won in Taiwan and how this will have repercussions on relations with the USA.
Returning to the indices, these are the weekly performances from Monday:
: +3.09%
: +1.84%
: +0.34%
: +0.36%
: +0.66%
: +6.59%
As regards the portfolio, in the second week of the year the result is +0.83%, being more diversified.
Since the beginning of the year the portfolio is practically at break even, while from the start of the portfolio in 2023 (48 weeks) to today, the portfolio remains positive (+5.98% against +5.10% last week) while the benchmark is positioned at +4.46%, under management.
A portion of the liquidity still in the portfolio is retained for use in the future.
I remember the basic assumptions:
Departure: February 2023
100,000 euros initial capital
Time horizon: 31.12.2030
Initial composition: 60% shares and 40% bonds, raw materials, liquidity
Rebalancing: semi-annually
Until next time!
“This article was written for information purposes only; it does not constitute a solicitation, offer, advice, consultancy or investment recommendation as such it is not intended to encourage the purchase of assets in any way. I would like to remind you that any type of asset is evaluated from multiple points of view and is highly risky and therefore, every investment decision and the related risk remain the responsibility of the investor”