Navigating Another Bout of Global Uncertainty

Investors have once again been reminded that geopolitics can quickly rear its head. Escalating conflict in the Middle East between Iran, the US, and Israel has pushed oil prices higher and unsettled global markets. Events are still unfolding, and markets naturally dislike uncertainty. But while geopolitical flare-ups can generate sharp short-term volatility, history suggests they are rarely the dominant driver of long-term investment returns.