As discussed in previous articles the actual financial cycle is maturing and as recently witnessed it’s becoming vulnerable to disruptive news.
While markets have experienced a prolonged bullish run since October 2022, we recognize that this phase is nearing its end and the risks of a downturn are increasingly growing.
Since these premises, at Alphatech we find more appropriate to reduce our risk profile, further below our Newsletter Benchmarks, to stay focused on capital preservation for the remaining part of the Bull Cycle.