Geopolitical uncertainties are reshaping market dynamics across asset classes. Here's what we're seeing:

Precious metals are rallying—investors treat them as the traditional safe haven when confidence wavers. The fundamentals are straightforward: less clarity ahead means more demand for defensive positions.

Equities are in a trickier spot. Risk appetite tends to dry up during geopolitical tensions, and that's exactly what we're experiencing. Volatility is likely to persist, pushing stock valuations under pressure.

Crypto markets? They're oscillating wildly. High risk, high sensitivity to macro shifts—this is where the most dramatic moves happen. Whether crypto acts as a hedge or correlates with risk-off sentiment depends heavily on how global conditions evolve.

The takeaway: when macroeconomic headwinds intensify, diversification across uncorrelated assets becomes crucial. Precious metals gain appeal, stocks face headwinds, and crypto remains the wild card.