๐ Market Update โ Conflict Escalation & Portfolio Resilience
Markets are extending their sell-off as the Middle East conflict widens. Brent crude is pressing toward $100, the S&P 500 is down over 1%, and financials are under pressure as private credit funds cap redemptions. Fear is elevated. Headlines are volatile.
This is exactly the environment our portfolio was repositioned for.
What's working
- Defence continues to deliver. BAE Systems surged nearly 3% today, bucking the broader market decline. Rheinmetall posted strong FY results yesterday with up to 45% sales growth guided for 2026.
- Gold is consolidating around $5,160โ5,180 after touching $5,400+ earlier this month. It remains one of the best-performing asset classes YTD and continues to anchor the portfolio.
- Energy exposure benefits directly from the oil shock โ the kind of real-asset rotation we positioned for.
- Cash buffer remains intact, giving us the flexibility to deploy into high-quality names.
On the sell-off
The S&P 500 is now at its lowest since November. Nasdaq is being hit hardest. Mega-cap tech names are leading the decline. This is broad, indiscriminate selling and historically, these are the moments that create the best entry points for long-term compounders.
If you've been waiting for a better price to add to your position, the market is giving you one.
What the portfolio is doing
The strategy hasn't changed. Our defensive sleeves โ gold, defence, energy, treasuries โ are offsetting equity weakness as designed. If oil stays elevated and volatility persists, these positions continue to earn their place.
We have liquidity. We have optionality. We are watching closely for opportunities to add where risk/reward becomes compelling.
If you want to think about risk more broadly, here are my thoughts: www.youtube.com/watch?v=RhkDfXQSsFw&t=3s
Patience & discipline,
Heloรฏse
(12 March 2026)
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*๐๐ข๐ฑ๐ช๐ต๐ข๐ญ ๐ช๐ด ๐ข๐ต ๐ณ๐ช๐ด๐ฌ ๐ข๐ฏ๐ฅ ๐ฑ๐ข๐ด๐ต ๐ฑ๐ฆ๐ณ๐ง๐ฐ๐ณ๐ฎ๐ข๐ฏ๐ค๐ฆ ๐ช๐ด ๐ฏ๐ฐ ๐จ๐ถ๐ข๐ณ๐ข๐ฏ๐ต๐ฆ๐ฆ ๐ฐ๐ง ๐ง๐ถ๐ต๐ถ๐ณ๐ฆ ๐ณ๐ฆ๐ต๐ถ๐ณ๐ฏ๐ด.... Show More
Not investment advice. The author may have financial interests in the mentioned instruments.
Perfect timing on this update. I just executed my March rebalance to capitalize on these entry pointsโtrimming the overextended Tech winners to overweight the 'Value' names that actually anchor a portfolio during a $100-oil shock. Resilience is the goal. Cheers!... Show More
Nice positioning โ defence, gold and energy is a sensible defensive sleeve. If oil stays elevated, do you favour integrated majors or refiners/services for exposure? @rubymza... Show More
The indiscriminate selling point is key. When correlations go to 1 and everything drops together, it's rarely about fundamentals โ it's about forced liquidation and fear. The portfolios that survive these moments are the ones built before the volatility arrived, not repositioned during it. Gold... Show More
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Mon Jun 15 2026 18:28:23 GMT+0000 (Coordinated Universal Time)
