Geopolitics: A Long Term Concern

Geopolitics is moving from a short term or acute concern last year, which makes sense as the survey was conducted just after the Russian invasion of Ukraine. So central banks are thinking about geopolitics and reserves specifically are thinking about it over five to ten years time horizon rather than next 12 to 24 months. And we can also see this in the share which report geopolitics as a short term and long term concern 83% of survey respondents listed geopolitical as a long-term concern. Although stagflation has overtaken geop politics as a short period concern.