Stagflationary risks have increased following disruption in the Middle East, but resilient earnings momentum keeps us constructive on equities.

Rather than focusing on daily headlines and social media posts, investors need to view geopolitical shifts in a broader context.

We remain positive on equities, but the disruption to energy supplies caused by the Middle East conflict may persist longer than originally thought.

After the spike in oil prices, the outlook is more balanced from here – but that doesn't mean volatility is over. Find out more in our latest multi-asset views.

We remain positive on equities and are upgrading commodities. Find out more in our latest multi-asset views.

We have downgraded our view on commodities to neutral but continue to like gold as a diversifier.