Weekly Update 27 March 2023
It looks like the first quarter of 2023 will end with a gain for stocks.
It looks like the first quarter of 2023 will end with a gain for stocks.
All our US and European bank positions were sold on Friday, moving the majority of the portfolio into cash.
We expect the market to fall in 2023, but see scope for near-term strength over the next 1-2 months.