Volatility has been subdued to start the year, but geopolitical risks are on the rise. We have yet to see the turmoil and unrest in the news have any strong effects on markets, yet it has the feel of calm before a potential storm. Elections in Taiwan, recurrence of violence in the Middle East and the ongoing conflict in Ukraine all carry implications for great power competition as well as economies and asset markets. The US election season, kicking off earlier this week in Iowa, should do the same. Mark Rosenberg, co-founder and CEO of GeoQuant, is back with us to make sense of it all. See omnystudio.com/listener for privacy information.