# Taking Profits on Portfolio as Bonds Sound Alarm Bells

Page: https://stenobird.com/podcast/the-art-of-investing-7404303/taking-profits-on-portfolio-as-bonds-sound-alarm-bells
Text version: https://stenobird.com/podcast/the-art-of-investing-7404303/taking-profits-on-portfolio-as-bonds-sound-alarm-bells.md
Podcast: [The Art of Investing](https://stenobird.com/podcast/the-art-of-investing-7404303)
Published: 2026-05-15T13:56:40+00:00
Episode link: https://share.transistor.fm/s/cc183c42
Audio file: https://pdrl.fm/7c6e9d/media.transistor.fm/cc183c42/fc9e1b98.mp3
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JSON: https://stenobird.com/v1/public/podcasts/the-art-of-investing-7404303/episodes/taking-profits-on-portfolio-as-bonds-sound-alarm-bells
Duration seconds: 4691

## Resource

This week on The Art of Investing, Rich McDonald joins Mark “Spice” Holden and Chris “CJ” Fellingham, bringing over 100 years of combined experience across wealth and hedge fund management, to unpack another fascinating week in global markets.US equities pushed higher as investors piled back into AI, technology and cyclical trades, while copper and mining stocks extended their rally. The team debate whether markets are becoming too complacent, why copper remains a major long-term investment theme, and whether investors are underestimating ongoing economic risks. This Week’s Highlights:📈 Markets Continue Higher US equities extended gains as optimism around AI, earnings and future rate cuts continued to support risk assets globally.⚒️ Copper Leads The Charge Copper and mining-related holdings delivered another strong week as the team revisit the long-term electrification and AI infrastructure story.🤖 AI Momentum Remains Strong Technology and AI-linked investments continue driving market performance as investors rotate back into growth assets.⚠️ Are Investors Too Comfortable? The team discuss whether markets are becoming overly optimistic despite ongoing geopolitical and macroeconomic uncertainty.🇯🇵 Japan Still Performing Japanese equities remained one of the strongest regions within the portfolio as international investors continue increasing exposure.🪙 Crypto Volatility Returns Crypto and blockchain-linked holdings remained highly reactive as sentiment swings continue across digital assets. Portfolio Snapshot – Week 39:Three positions were trimmed this week, with proceeds moved into cash. The team sold 5% VanEck Crypto ETF, 5% Vanguard FTSE 250, and 5% Xtrackers DAX ETF - raising the portfolio's cash position by 15%. Weekly portfolio performance: +0.5%Total return since…

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## Transcript

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