Soooo....What is Really Important?As investors we need to shift through the news and determine what will affect my investments. Often it is possible to get distracted by the "news" especially as hyped on thr US cable networks.
So let's take a look at a few things...
Israeli Hamas Conflict
Unless the conflict escalates resulting in oil embargo, there is no immediate real impact on asset prices. Is it likely to escalate to this point? IMO the answer is no. Biden so far has avoided any such thing WRT to Iran and the most likely underlying reason is that a spike in oil prices will start another surge in inflation and sink his hopes for re-election.
Ukraine
Hasn't been an impact since oil prices cooled down after the initial invasion by the Russians, It is highly unlikely that this situation will change and hence no impact for investors.
Taiwan
Of all the areas of current or potential conflict, this one where the impact could be large. Why? One word - semiconductors. A conflict which would impact the supply of semiconductors would have a devastating impact on the world economy and especially if China were to take over Taiwan.
Inflation and Interest Rates
This is a big one and can affect asset prices. Investors need to keep a close eye on the associated economic indicators. My view is that the table is set for a recession sometime in the next 6 months. In preparation for this, my asset allocation has a lower than typical risk profile. Irrespective of your risk tolerance, it would be prudent to do the same thing.
EVs
With current Government legislation, this will have an increasing impact on oil use, especially starting after 2030. In the shorter run (1-3 years), the impact will be relatively small but there will be a drag on the increase in the SP of oil companies which in turn raises the question - "Is there a better place to put my investment dollars?" My answer is simple - "Yes".
Other Issues - Decline of Law and Order, Increasing racial conflict etc
Short answer? - nope