Back To the Original Show (not financial advice, dyor, but rut-roh)
Simply put, if war and its horrors drive people to safe havens, but “relative comfort” of “no new headlines” takes hold, then the reversal creates other issues. That challenge? The original challenge is inflation, inflation expectations, and higher interest rates, none of which have been solved by the war.
See the small “i”? That’s how every financial asset is priced. Every.