The Powell Pivot Basket + Alternatives
The Powell Pivot Basket up over 78% since Jan. 2023
On Jan. 9, 2023, markets were clearly Signaling that the Federal Reserve would pivot its hawkish tone. Mere months later, Jay Powell would announce halting the funds rate tightening, then he would reduce the level of quantitative tightening by over 50%
Gold, duration and bitcoin composed my Powell Pivot Basket, up 78% since Jan. 2023.
I'll go over the components of the Powell Pivot Basket, how I'm constructing it; and what alternatives can be plugged in given your risk tolerance.