The Bull Lives On
The latest AAA Model rankings show investors still in a risk-on mood. Equities are leading the way, credit is holding firm, gold is still shining, but metals can’t quite make up their mind. UK shares have climbed to new highs, while Japan’s glittering rally hides a softer story underneath. Bonds remain the quiet guests at the party—steady but unspectacular—though UK gilts could yet surprise when sentiment shifts.
And through it all, the AAA Model has quietly eased back on risk: gold is doing the heavy lifting, the portfolio is calmer, and the rewards remain much the same.
