Part 1 of 2
The Federal Reserve is currently facing a debate on Wall Street about how much longer it will continue to fight against inflation. The Fed's goal is to bring the inflation rate down to a long-term average of around 2%. Some investors believe that the Fed will continue to stay the course and keep fighting inflation, while others are tracking the slowdown in inflation indicators and believe that the Fed may cut rates in the second half of the year.
Matthew McLennan, Co-Head of the Global Value team at First Eagle Investments, is a leading global value manager with a successful track record of investing in the U.S. and overseas.
McLennan will examine the risks of monetary and fiscal tightening amidst high debt levels in the U.S. and discuss the types of companies that can succeed despite these challenges.
WEALTHTRACK episode 1931 broadcast on January 27, 2023
More info: https://wealthtrack.com/leading-global-value-manager-matt-mcclennan-on-companies-that-thrive-despite-us-investment-risks/
Bookshelf:
Against the Gods: The Remakable Story of Risk
by Peter Bernstein
https://amzn.to/409XVoj
Conservative Parties and the Birth of Democracy
By Daniel Ziblatt
https://amzn.to/3kRNpSv

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