A world with at least two sharply divided political and economic groupings seems more and more likely as globalization retreats in the face of new trade, immigration, and political barriers, and the Ukraine war appears to be accelerating the process. Confluence Market Strategist Patrick Fearon-Hernandez discusses what this new world might look like and what investors should watch for, including findings of a study conducted by Confluence that tries to determine the countries that may end up in each group -- either the group dominated by the U.S. or the one dominated by China.

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