Matthew McLennan, co-head of First Eagle Investment's global value team, offers keen insights on investing amid uncertainty. He highlights value in unexpected sectors and the importance of diversification, particularly in light of U.S.-China tensions. McLennan emphasizes gold as a stabilizing asset and explores lucrative opportunities in medical technology and international markets like Mexico. He also reflects on historical lessons for today’s investors, advocating for a well-rounded portfolio to navigate high-risk environments.

Matt McLennan and Jason Draho discuss the US macroeconomic environment, growth outlook, inflation, and Fed rate cuts. They also share insights on portfolio positioning preferences in a changing rate environment. Topics include nominal activities impact, bond yields analysis, current economic indicators comparison, and investment positioning in a geopolitically bifurcated world.