Looking beyond conflict: Viewing volatility as opportunity

Despite today’s geopolitical turmoil, the outlook for global equities remains cautiously constructive, especially if conflict eases and oil prices retreat.

That backdrop could support lower rates and steadier economic growth, while market volatility may create attractive entry points for patient investors.

Valuations still look compelling outside the U.S., particularly in emerging markets, where many leading companies trade at meaningful discounts to American stocks.

Energy also stands out as a long-term opportunity because many producers are now focused on balance sheets and dividends rather than aggressive expansion.

At the same time, AI-related fears may be overshooting in some areas, creating selective opportunities in software and travel businesses that could benefit from adoption rather than suffer from it.