Barclays: Continue to buy despite market pressure; fundamentals are stronger than sentiment.

Barclays stated that despite recent market volatility caused by the US-Iran conflict, rising oil prices, and inflationary pressures, investors should maintain their portfolios and buy on dips. Data shows the S&P 500 has fallen approximately 4.2% this month. Barclays strategist Ajay Rajadhyaksha pointed out that robust US corporate earnings and a continuing investment cycle indicate that overall fundamentals remain stronger than market sentiment. Current asset prices largely reflect short-term shock expectations, with the market generally believing the impact of geopolitical conflicts on inflation will be temporary. Meanwhile, although oil prices have risen somewhat, long-term gains are limited, and market stress indicators have eased. The S&P 500 is currently about 6% away from its historical high, indicating that the overall correction is relatively manageable. Barclays believes the market is currently in a "wall of worry" phase; while uncertainty is high, it does not constitute a reason for a long-term bearish outlook.