China Action
Review of the 🐿️'s BUSHY™ Multi Asset ETF Portfolio and live Acorn trade ideas. 2025, Week 36.
In case you missed it, the weekend note came out on Sunday morning EST. In it, the🐿️ listened to the ‘Game Master’ in China. Do check it out.
While I was putting that note together, I was delighted to join Emily Tan on Friday morning’s The China Connection on CNBC. We discussed a variety of topics including some of the thoughts driving my weekend focus on more defensive “Rational Investor” China exposures. They ended up clipping up the segment about cars - they always do with me!
Please note that - after my PC crashed (twice!!🤬) on live TV on Friday - I now have a new computer. Who knew that the best setup for finance 🐿️s was a ‘gaming’ PC?!
The BUSHY™ Portfolio - Week 36
A positive week for BUSHY™ in the context of a softer week for global developed market equities (ex-Japan). The portfolio’s underweight in bonds was the chief reason for the Vanguard benchmark closing the gap on us by 13 bps but our overweight precious metals position minimized this impact.
Before completing the BUSHY™ and Acorn review, there is some unfinished business from the weekend note, namely the restructuring of our China consumption basket and its sizing relative to our new “Rational Investor” China basket published yesterday.