Francois Savary CIO. www.genvil.ch
Donald Trump’s policies are pushing Europe to step up—Sir Keir Starmer suggests a subtle shift, but is it really? Market positioning: Just weeks ago, François Savary advised reducing US equity exposure and increasing European allocation. Now that this scenario has unfolded, what’s next?
Key Takeaways:
Defence sector remains strong. Gold target raised to $3,100 by end-2025. Pharmaceuticals, financials, and small/mid caps offer opportunities. Time to diversify away from big tech. US yield curve flattens again—uncertainty over tariffs & economic indicators.
What to watch this week:
Non-Farm Payrolls (Friday) ISM indicators
For more insights, visit Mark’s YouTube channel and follow the latest discussions.
