Things may not be as rosy as they appear!
It has been six months since the last edition of Strategy Thoughts. In that time markets as a whole have sold off a little and then rallied, some, especially those with greater exposure to the so called FAANG stocks, to new all time highs. Not surprisingly this very narrow strength has spurred investors to become increasingly hopeful and aggressive in their investing behaviour. In this edition of Strategy Thoughts, I question whether such behaviour is sensible and look at the motivations of those offering ever more aggressive investment options. I also revisit the prospect of an imminent Fed Pivot, something I discussed at length earlier this year, and what it has historically meant for the stock market. Finally I will touch on a couple of investment themes that I have personally been taking a far greater interest in than the overall stock market over recent months, Uranium and Gold.