Riding The Tiger
With 2025 behind us, the AAA Model proved resilient, shrugging off early wobbles to deliver near-20% gains. In 2026, investors are balancing late-cycle optimism with caution. Returns will be hard-won, volatility high, and the Fed poised for modest cuts. Seasonal rhythms remain surprisingly predictable, yet geopolitics—from Russia-Ukraine to U.S.-China tensions—now dominates short-term moves.
Gold has shifted from optional hedge to essential portfolio safeguard, while equities hold strong: EM equities are climbing, Japan equities are trending strong, industrial metals are soaring, and the global-over-U.S. trend endures. In this environment, strategic positioning and risk awareness are paramount.
