Wesley Nolte @Wesl3y: "𝟮𝟬𝟮𝟲 𝗠𝗮𝗿𝗸𝗲𝘁 𝗢𝘂𝘁𝗹𝗼𝗼𝗸 2025 was a..."

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𝟮𝟬𝟮𝟲 𝗠𝗮𝗿𝗸𝗲𝘁 𝗢𝘂𝘁𝗹𝗼𝗼𝗸 2025 was a good year. My portfolio returned +𝟮𝟴.𝟳𝟲%, helped by staying invested through the wobbles while keeping low-volatility assets ready to deploy. 𝙆𝙚𝙮 𝙏𝙝𝙚𝙢𝙚𝙨 𝙛𝙤𝙧 2026 Trump is expected to 𝗮𝗻𝗻𝗼𝘂𝗻𝗰𝗲 𝗵𝗶𝘀 𝗙𝗲𝗱 𝗰𝗵𝗮𝗶𝗿 𝗽𝗶𝗰𝗸 “early 2026”, and Kevin Hassett is the frontrunner. He's more dovish than Powell, and Trump has made clear he wants rates lower. A friendlier Fed could be a tailwind for risk assets. AI capex keeps climbing. Hyperscaler (e.g. AWS, Azure, GCP) spending is forecast to hit USD 600B+ in 2026, up 36%. The question: 𝘄𝗵𝗲𝗻 𝗱𝗼𝗲𝘀 𝘁𝗵𝗶𝘀 𝘁𝗿𝗮𝗻𝘀𝗹𝗮𝘁𝗲 𝗶𝗻𝘁𝗼 𝗿𝗲𝗮𝗹 𝗽𝗿𝗼𝗳𝗶𝘁𝘀? Oracle's December miss was a reminder that spending can run ahead of returns. 𝗚𝗲𝗼𝗽𝗼𝗹𝗶𝘁𝗶𝗰𝘀 𝗶𝘀 𝗮 𝘄𝗶𝗹𝗱𝗰𝗮𝗿𝗱. The US captured Venezuela's president over the weekend, and Trump immediately revived talk of taking Greenland too. Denmark is rattled. Uncertainty, but also a reminder of shifting US strategic priorities. 𝙊𝙪𝙩𝙡𝙤𝙤𝙠 The economy looks stable. Inflation easing, rate cuts on the table, and lagging sectors are catching up. The Russell 2000 is just off record highs after years of underperformance. Sectors that rely on loans (and therefore interest rates), such as real estate, should benefit as borrowing costs come down. 𝙋𝙤𝙧𝙩𝙛𝙤𝙡𝙞𝙤 I’ve closed out my $9988.HK (Alibaba Group Holding Ltd (Hong Kong)) position for now as I believe there are better opportunities. I’m considering: * Growing $ACN (Accenture Plc): -30% off highs, strong AI bookings, partnerships with OpenAI and Anthropic. Enterprise AI "picks and shovels" at a reasonable price. * Trimming $FCX (Freeport-McMoRan Inc): Up > 50% in 3 months on record copper prices. Valuation stretched. * Growing $MSFT (Microsoft): Down 13% from ATH, underperformed AI peers in 2025. Azure +40% growth and fundamentals are solid. 𝗠𝘆 𝗽𝗹𝗮𝗻: Stay invested and keep a large portion of the portfolio in ultra-low volatility assets to offset current market risks. $IWM (Ishares Russell 2000 ETF) $SPX500 $ACN $FCX $MSFT $GOOG (Alphabet) $AMZN (Amazon.com Inc)

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