In this global environment of "rising geopolitical risks + interest rates peaking and falling back but inflation still relatively high," as a small investor primarily focused on stock ETFs and diversifying across US stocks, Asia-Pacific (including Hong Kong/Taiwan), and a small amount of emerging markets, how can one balance:

1) The potential upside from benefiting from "geopolitically favored sectors" such as defense, energy security, AI/semiconductors,

2) While also controlling the black swan risks arising from sudden sanctions, tariff escalations, supply chain disruptions, or even escalation of local conflicts?

Specifically, in terms of asset allocation (e.g., stocks vs. bonds vs. cash), regional distribution (US, China/Asia, Europe), and sector selection, what practical, actionable adjustment suggestions are there?