Gaetano Bonfiglio @GaetanoBonfiglio: "𝐖𝐄𝐄𝐊𝐋𝐘 𝐎𝐔𝐓𝐋𝐎𝐎𝐊 Hello Fellow Investors, 𝐌𝐚𝐫𝐤𝐞𝐭 𝐂𝐨𝐧𝐭𝐞𝐱𝐭 We..."

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𝐖𝐄𝐄𝐊𝐋𝐘 𝐎𝐔𝐓𝐋𝐎𝐎𝐊 Hello Fellow Investors, 𝐌𝐚𝐫𝐤𝐞𝐭 𝐂𝐨𝐧𝐭𝐞𝐱𝐭 We face a crucial week for asset allocation. Current quantitative models show a challenging macro regime: US Stagflation against European Reflation. Despite this complex environment, global sentiment remains Risk-On. As a disciplined manager, my priority is balancing this risk appetite through active, rotational portfolio management, protecting capital while capturing market alpha. 𝐄𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐂𝐚𝐥𝐞𝐧𝐝𝐚𝐫: 𝟓 𝐊𝐞𝐲 𝐄𝐯𝐞𝐧𝐭𝐬 • 14 July – US CPI MoM & YoY (June): Measures consumer inflation. Higher-than-expected data will fuel stagflationary fears, triggering volatility across interest rates and equity markets. • 15 Luglio – Bank of Canada Interest Rate Decision: With Canadian stagflation, monetary policy choices will provide critical clues regarding global central bank trajectories. • 16 Luglio – Italian CPI MoM & YoY (June): A key indicator for European reflation. It will directly impact sentiment for Eurozone equities held within our tactical allocation. • 16 Luglio – US Retail Sales (June): Expresses the health of the American consumer. Fundamental to assess macroeconomic resilience under a high-inflation regime. • 17 Luglio – Eurozone CPI YoY (June): Definitive continental inflation data. It will dictate the ECB's next moves, impacting European bond and currency markets. 𝐏𝐨𝐫𝐭𝐟𝐨𝐥𝐢𝐨 𝐈𝐦𝐩𝐚𝐜𝐭 The upcoming CPI and consumption data releases will drive asset volatility. Our exposure to $GOLD (8𝑃𝑆𝐺.𝐷𝐸) and inflation-linked Treasuries (𝐼𝑈𝑆𝑇.𝐷𝐸, 𝐼𝑆04.𝐷𝐸) acts as a solid defensive anchor against stagflationary spikes. Simultaneously, we monitor our core tech names ( $AMD (Advanced Micro Devices Inc) , $CRWD (Crowdstrike Holdings) , $DELL (Dell Technologies Inc C) ) to execute timely sector rotations if macro data presents optimal entry points. Controlled risk management is the only path to consistent outperformance. Investors seeking solid, non-emotional growth will find this portfolio to be their ideal choice. Best, Gae (@GaetanoBonfiglio)

Not investment advice. The author may have financial interests in the mentioned instruments.