Investment Strategy - The market adage suggests selling into the buildup of a war and buying the invasion [1] - The rationale behind buying the invasion is that the actual event is often less severe than the worst-case scenarios imagined during the buildup [2] - The invasion is like "pulling off the band-aid," the anticipation of pain is worse than the event itself [2] Geopolitical Risk Assessment - The US is unlikely to intervene if it anticipates a prolonged conflict [2]

Geopolitical Risk - Estonia is preparing for a potential invasion [1] - Growing unrest among the Russian minority in Estonia is observed [1]

While President Trump is pulling back in Ukraine, Russia is ramping up its ground offensives and bombing campaigns against cities across the country as its invasion enters a fourth summer https://t.co/J4MN2LsUAy ...