Here's something worth your attention if you're tracking macro trends affecting markets.

The geopolitical picture reveals a fascinating paradox:

**Global supply chains are tangled, but not evenly.** Different industries have different vulnerability profiles—some are highly fragmented, others surprisingly consolidated.

**At the macro level, major economies are surprisingly self-sufficient.** Yet this self-sufficiency masks critical dependencies in specific sectors. The big picture looks resilient. Zoom in, and you spot the choke points.

What does this mean? Simple conclusion, complex fallout. When geopolitics shift—trade wars, sanctions, reshoring initiatives—the ripple effects don't hit everywhere equally. Some markets get turbulence. Others remain stable. Understanding which is which separates traders who anticipate volatility from those caught off-guard.

For anyone monitoring systemic risk or macro-driven market movements, the supply chain narrative is worth following closely.