Patryk Peltonen @Slow_and_Steady: "📊 𝗠𝗼𝗻𝘁𝗵𝗹𝘆 𝗣𝘂𝗹𝘀𝗲: 𝗖𝗹𝗼𝘀𝗶𝗻𝗴 𝗠𝗮𝘆..."

Netherlands

📊 𝗠𝗼𝗻𝘁𝗵𝗹𝘆 𝗣𝘂𝗹𝘀𝗲: 𝗖𝗹𝗼𝘀𝗶𝗻𝗴 𝗠𝗮𝘆 𝘄𝗶𝘁𝗵 +𝟯.𝟴𝟬% Global financial markets experienced a notable shift in sentiment during May as corporate earnings demonstrated strong resilience. The tech sector led a broad market advance, powered by strong first quarter results and continued momentum in artificial intelligence spending. Additionally, geopolitical anxieties in the Middle East showed signs of stabilizing as negotiations progressed on a proposed sixty day ceasefire extension that would involve reopening the Strait of Hormuz. This diplomatic progress helped ease energy supply fears, contributing to a monthly decline in crude oil prices with Brent crude falling toward one hundred dollars per barrel. 📈 𝗣𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼 𝗣𝗲𝗿𝗳𝗼𝗿𝗺𝗮𝗻𝗰𝗲 The portfolio achieved a month to date return of +3.80% in May, bringing the year to date return to +9.67%. Based on the price action throughout the month, growth equities represented by $VUG (Vanguard Morningstar Growth ETF) provided the primary offensive growth, while value equities in $VTV (Vanguard Morningstar Value ETF) offered secondary support as corporate earnings remained highly resilient. 📈 𝗔𝘀𝘀𝗲𝘁 𝗖𝗹𝗮𝘀𝘀 𝗣𝗲𝗿𝗳𝗼𝗿𝗺𝗮𝗻𝗰𝗲 (𝗺𝗼𝗻𝘁𝗵 𝘁𝗼 𝗱𝗮𝘁𝗲) 🟢 $VUG +7.73% : Strong first quarter earnings and accelerating cloud demand from major technology firms, which sparked a powerful rally in growth equities. 🟢 $VTV +2.45% : Lower energy prices reduced input cost concerns and eased credit worries across the industrial sector. 🔴 $GLD (SPDR Gold) -1.54% : Positive Iran/US ceasefire developments and a stabilizing US dollar reduced the immediate demand for safe haven assets. 🟢 $TLT (iShares 20+ Year Treasury Bond ETF ) +0.53%: modest gains as lower yields balanced a Federal Reserve that remains on hold amid sticky inflation expectations. 🔮 𝗟𝗼𝗼𝗸𝗶𝗻𝗴 𝗔𝗵𝗲𝗮𝗱 Market participants in the coming weeks will closely monitor the finalized outcome of the sixty day ceasefire negotiations and whether the U.S. naval blockade of Iranian ports is officially lifted. Investors will also focus on key economic releases, including the U.S. gross domestic product second preliminary estimate, and upcoming inflation data to see if the Federal Reserve maintains its current target range of 3.50% to 3.75%. In June, the portfolio will maintain more or less the same setup. 🎥 𝗪𝗮𝘁𝗰𝗵 𝘁𝗵𝗶𝘀 𝘀𝗵𝗼𝗿𝘁 𝘃𝗶𝗱𝗲𝗼 𝘁𝗼 𝗹𝗲𝗮𝗿𝗻 𝗺𝗼𝗿𝗲 𝗮𝗯𝗼𝘂𝘁 𝘁𝗵𝗲 "𝗦𝗹𝗼𝘄 𝗮𝗻𝗱 𝗦𝘁𝗲𝗮𝗱𝘆" 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝘆 (𝟯𝗺𝟰𝟱𝘀): youtu.be/KowcZVXpH54?si=3TUfi76hf78y0ARe

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