On The Road. USD hedges added.
Review of the 🐿️'s BUSHY™ Multi Asset ETF Portfolio and live Acorn trade ideas. 2025, Week 39.
Am travelling at the moment so just the portfolio notes this week (and no podcast). Reminder to RSVP for the London 🐿️ drinks on October 9th if you have not already done so.
I spent Friday and Saturday driving down from London to the South of France with Mrs. 🐿️ Senior. Will be spending a couple of days here in Lorgues in the Pays du Var. This part of the world is truly magical once the summer crowds have disappeared.
Am writing this on my travel laptop which is tethered to my phone as I cannot get the WiFi working so I will keep things brief this week!
BUSHY™ Review
BUSHY™ added 70 bps last week, now extending gains over its ‘Target Date’ benchmark to 5.33%.
Last week was not a great one for risk assets globally. However, BUSHY™ is significantly overweight 2 of the rare corners of markets that had a decent week - namely the precious metals and energy complexes.
Precious metals continue to March to the beat of their own drum.