Part 18/19:
Amidst this complex landscape, McDonald advocates shifting portfolios toward hard assets—commodities, energy infrastructure, and resource exploration companies—anticipating a sustained inflationary environment. He also warns of the dangers posed by passive investing, which may amplify market volatility and create systemic vulnerabilities.
He advises that investors should build trust through diligent research, actively seek mentors, and remain vigilant of the shifting macroeconomic tides. His overarching message: diversify into sectors with real assets, be prepared for a significant correction, and understand that the era of easy fiscal and monetary policy has drawn to a close.