Legal & General's Roe: Prepare Don't Predict

The video discusses the challenges of predicting geopolitical events, focusing on the conflict in Ukraine and its impact on global markets. It highlights the volatility in energy prices due to tensions between Russia and the West, and the potential for significant oil price spikes. The discussion also covers inflation concerns in the US and the Federal Reserve's possible responses, including interest rate hikes. Finally, the video analyzes market sentiment, noting bearish trends and the potential for a rebound.

What challenges are associated with predicting geopolitical events, particularly in the context of the Ukraine conflict?

How do geopolitical tensions impact energy markets and oil prices according to the discussion?

What historical relationship exists between oil price shocks and US recessions?

What is the Fed's approach to handling inflation shocks, and how might this influence future interest rate hikes?

How does investor sentiment currently appear in equity markets, and what implications might this have for market movements?