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Trades in Soda and Whisky In recent weeks, the Whisky Portfolio has been repositioned, while Soda’s shift is still underway. While I can find plenty of stocks to buy for Whisky, I am struggling to find diversified equity exposure more suitable for the Soda Portfolio. I am currently underwhelmed

Trades in the Whisky Portfolio Put simply, it feels a bit like 2001 when the unwind of the technology bubble was devastating, but the value stocks were fine. I am avoiding the landmines and pursuing value. Some stocks may not work out, but by diversifying, we should ensure a more

Trade in the Whisky Portfolio The much-anticipated CPI data on Thursday came in below expectations, and the market took it well. The message was that the end of rate hikes is within sight, and the stockmarket saw the third-largest momentum crash on record. This, very likely, signals a sustained about-turn

Trade in the Whisky Portfolio There is good news in the everything bubble. The unwind of market excesses is now well underway, and in certain areas of the market, evidence grows that the worst may be behind us. Last week, I looked at UK commercial property with the idea that

New Recommendation in the Soda Portfolio The recent woes in the UK pensions industry, driven by rising interest rates, have caused UK assets to be dumped. They took on interest rate derivative bets that benefit from low rates. As interest rates have risen, the pension funds have become forced sellers