Lazard's Ron Temple's three core convictions and where investors should be looking now

When I last spoke to Lazard's chief market strategist around six months ago, he was pretty firm on this being the beginning of the end of US exceptionalism. Plenty has changed since then, but his stance hasn't shifted. There's three core ideas shaping his view - a weakening USD, steepening yield curves and a big shift on US treasuries - and the key takeaway is the benefit it could have to emerging markets. Time codes 0:15 - What investors can expect from Kevin Warsh 2:39 - Has the issue of Fed independence changed? 3:46 - Have we seen the full impact of tariffs? 6:21 - US economic warning signs 8:39 - Is it still the end of US exceptionalism? 11:10 - The other markets to watch right now 12:30 - 2026's biggest geopolitical risks