Geopolitics and Macroeconomic Environment: A Dual Stress Test for Investors The Iran conflict has pushed energy prices higher, Poland’s inflation is rebounding, and the Fed has chosen to hold steady. Geopolitical risks and macroeconomic policy dynamics are reshaping markets. Bhutan’s government has transferred #BTC, and Circle has minted 750 million #USDC on #Solana, signaling institutional adjustments to positions amid uncertainty. Gold has broken through $4,500, as traditional safe-haven assets gain favor. Investment Recommendation: The current environment resembles the complex scenarios in a stress test. Investors are advised to maintain adequate cash reserves and avoid excessive leverage. Consider modest allocations to traditional safe-haven assets like gold, and adopt a “watch-and-wait, dollar-cost average” approach toward high-risk assets such as cryptocurrencies. Remember Benjamin Graham’s wisdom: margin of safety is especially critical in volatile markets.