Q3 2026 review — S&P 500 +3.2%, gold at a record ,460/oz, 10Y UST at 4.85% — and our positioning for a decisive Q4 centered on AI earnings, US elections and the Fed calendar.
Q2 2026 review: Euro Stoxx 50 +5.8%, gold at ,380/oz, hawkish ECB. Our convictions and allocation for Q3.
