Interregnum
Investment Conclusion
This is a short-term interregnum of peace and happiness which will not last long. On May 23 the portfolio sold 10% of safe haven assets (oil & gold) and bought European equities and the Euro. It is probable that President Trump, boosted by his recent successes, will resume his tariff agenda before long. Markets expect the President to stay TACO. I do not. The Wealth Preservation Portfolio is at the end of this piece.