These are my ideas, based on many engagements with our Geopolitical Intelligence Group. They may not reflect “consensus” within the group, but they are my best take on possible, or even probable events, which would move markets. I’ve chosen to ignore China/U.S. trade, as we cover China and the U.S. regularly. It is the most important issue and is always front and center for us. Instead, I will focus on some other potential geopolitical events that would impact markets. We won’t touch on India in this piece, as it is less “geopolitical” and more economic, though we try to bring ... Geopolitical Risks and Opportunities for 2025