@inflectionpoint, We believe that the recent geopolitical tensions in the Middle East have the potential to reignite the concerning trend of rising interest rates in a risk-off environment. Is your portfolio ready for such market/macro backdrop?
When we look back in history, two stalwarts have consistently shone in turbulent times marked by surging bond yields and a shaky environment for risk assets. The U.S. dollar and commodities have, time and again, emerged as safe havens.
We believe that these are the top trades and they hold their ground once more. But for those who are willing to weather some short-term turbulence, energy stocks also present an enticing option.
Chart by @SocGen
@giorgiovintani @tombaldacci #assetallocation #hedging #macroinvesting #inflectionpoint