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First Eagle's Matthew McLennan Predicts US Headed For Debt Crisis With Fiscal Deficit Being At 'Worst Structural Point Since World War II'
Thursday, October 5, 2023 - 5:24am | 519The U.S is advancing towards a significant debt crisis due to a fiscal deficit at “worst structural point since World War II," warns investor Matthew McLennan. McLennan, co-head of First Eagle's Global Value team, expresses concern over the equity and bond market’s relative...