Traders are torn right now. The stock market keeps climbing, and everyone's afraid of missing the next leg up. But then there's all the geopolitical tension brewing in the background—it's not something you can just ignore.

So what's the move? Well, strategists from the biggest Wall Street institutions are weighing in on exactly this dilemma. They're offering a roadmap for investors stuck between chasing gains and protecting themselves from the risks that could blindside the market. The consensus seems to be: you don't have to choose one or the other. It's about finding the right balance and positioning accordingly.