Escalating tensions between the U.S. and Iran — and the risk to the Strait of Hormuz — have pushed energy back to the center of the macro conversation. Oil moving toward the $90–$120 range isn’t just a commodity story. It feeds directly into inflation expectations, rate outlooks, and ultimately how portfolios are being adjusted today.
That’s showing up in positioning. Some advisors are leaning into energy and infrastructure as a way to participate in the supply shock. Others are revisiting inflation protection through TIPS and real assets. At the same time, defensive sectors are seeing renewed interest as volatility picks up, while a portion of advisors are staying disciplined and avoiding reactive changes altogether.
The value of this poll is seeing how those decisions are actually distributed across the advisor base — where there is consensus, and where positioning is split.
If you’re evaluating similar decisions, the table pages below show how these themes translate into investable exposures:
Inflation-Protected Funds (TIPS)
Defensive Equity and Low-Volatility Funds
