Meta Strategy Trading Portfolio – Probability Map Update.

– Positioning Update Wednesday –

Tariff TACO Reloaded

Once again irrational U.S. policy back-and-forth induces a wild rollercoaster ride across all risk assets simultaneously, while precious metals scream higher from extremely extended levels.

So far, the buy-the-dip trade looks to be alive and well, but timing the exact point of a potential top in Q2 is a futile endeavour.

I prefer to lighten exposure ahead of time to be able to react flexibly to coming developments.