Bi-Weekly Geopolitical Report – Thinking About Deterrence (2/12/2024)

As the US slowly withdraws from its status as the world's policeman and as countries realign into separate economic and political blocs, both the strategies and the costs of preventing war change. As the task of preventing war becomes more difficult, the risks change as well. Confluence Chief Market Strategist Patrick Fearon-Hernandez and Associate Market Strategist Daniel Ortwerth discuss these important trends and what the implications will be for investors.