Week of August 5, 2024
Former US Secretary of State Mike Pompeo warned investors at a conference in February that it had become “…impossible to separate geopolitical risk from capital allocation.” These days, investing isn’t only about company-specific fundamentals; one must also manage potential impacts of political instability (i.e., China, Russia, Middle East). It is very hard to see geopolitical risks clearly. As geopolitical uncertainty grows, investment advisors who can interpret and effectively manage investment risks in such an environment will be in high demand. No changes to our Signals.
Michael Mullenax, CFP® and Bob Bilkie, CFA
