Part 2 of 2

Matthew McLennan will assess the investment climate in international markets and tell us where he is finding world-class companies selling at substantial discounts to their U.S. peers.

The outlook for global economies in 2023 is uncertain with mixed forecasts. The World Bank has downgraded its growth forecast to 1.7% from 3% due to the global economy being close to a recession, but the IMF has slightly raised its growth estimate to 2.9% due to China's reopening and slowing inflation. Central banks, particularly in developed countries, are tightening monetary policies to combat inflation, which could impact future growth. Business leaders are concerned about a global recession, with 98% of 1200 global CEOs surveyed by EY expecting one and more than half fearing a recession worse than the 2008 financial crisis.

In Part 1, we discussed the risks and opportunities in the U.S. markets with McLennan.
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00:00 Hello!
00:40 Introduction
02:13 Interview with Matthew McLennan
18:56 One Investment
24:53 ActionPoint

WEALTHTRACK episode 1932 broadcast on February 03, 2023

More Info: https://wealthtrack.com/world-class-i...

Listen to Part 1: https://wealthtrack.com/leading-globa...