Episode
Year-End Rally Delivers Portfolio Performance Despite Trump's Best Efforts. What's Next for 2026?
- Podcast
- The Art of Investing
- Published
- Jan 9, 2026
- Duration seconds
- 4252
- Processing state
not_requested- Canonical source
- https://share.transistor.fm/s/e1a9196a
Actions
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Summary
The first episode of 2026 kicks off with a bang as Rich McDonald, Mark “Spice” Holden and Chris Fellingham review a late but powerful Santa Rally, a standout quarter for commodities, and one of the strongest periods of performance since the portfolio launched. Listen to find out why we are cashing out our best performer!With markets pushing to new highs and geopolitics back in focus, the team break down what’s really driving returns, and make their first meaningful portfolio changes of the year as they position for a potentially more volatile 2026.This Week’s Highlights:📈 Santa Rally (Finally)Equities and commodities surge into year-end, with global markets hitting fresh highs.🇬🇧 FTSE 100 Above 10,000A major milestone for UK markets despite years of investor outflows.⛏️ Commodity LeadershipGold, copper and mining stocks dominate as rate cuts and geopolitics collide.🪙 Crypto WhiplashSharp moves in crypto-linked equities underline fast-changing sentiment.🏦 Rates & BondsCooling US inflation steadies bonds, while Japan bucks the global trend.🌍 Geopolitics ReturnsDefence spending, elections and global tensions shape the 2026 outlook.Portfolio Snapshot - Week 21:Weekly performance: +4.23%Total return since inception: +14.29%Top Performers🥇 VanEck Crypto & Blockchain Innovators ETF: +12.10%🥈 BlackRock World Mining Trust: +10.66% 🥉 WisdomTree Copper ETF: +8.11% Steadier Contributors• iShares MSCI India ETF: +2.52%• iShares Physical Gold ETC: +2.42%• iShares UK Gilts 0-5 Year ETF: +0.36%Q4 Quarterly Review (Oct–Dec):A standout quarter driven by real assets and diversification.📊 Best Q4 Performers• BlackRock World Mining Trust: +29.38%• WisdomTree Copper ETF: +20.51%• iShares Physical Gold ETC: +15.94%• Nikkei 225 ETF: +9.60%📉 Weak Spots• VanEck Crypto & Blockchain I…