Structural vs Cyclical
This is cyclical volatility tied to geopolitical headlines.
It is not:
• A banking crisis
• A sovereign default event
• A systemic currency collapse
Real interest rates are positive. IMF program anchors policy. Corporate profitability remains intact in many defensive sectors.
Holding valuation-based quality earnings for 2–4 years has historically outperformed tactical panic exits.
if ( function_exists( 'pgntn_display_pagination' ) ) pgntn_display_pagination( 'multipage' );
