Unearthed: The New Macro Playbook ft Rebecca Patterson

About this episode

Rebecca Patterson discusses the evolving macroeconomic landscape and the impact of geopolitical risks on investment strategies.

This episode was filmed on 19 March 2026. In this episode of Unearthed, hosts Joe Cavatoni and John Reade sit down with Rebecca Patterson, globally respected macroeconomic investor, Vanguard board member, and Senior Fellow at the Council on Foreign Relations, to unpack the fast-moving and increasingly complex global economic landscape. The conversation explores how geopolitical risk has moved to the forefront of investment decision-making, prompting companies and countries to rethink globalisation, supply chains, and resilience strategies. Rebecca shares her perspective on the biggest macro surprises of 2026 so far, including geopolitical shocks, rising energy prices, and a dramatic shift in monetary policy expectations. What began as a consensus for rate cuts has quickly turned into a more uncertain outlook, with central banks now balancing persistent inflation against slowing growth. Subscribe to Unearthed wherever you get your podcasts and visit Goldhub.com for more insights. About World Gold Council We are a membership organisation that champions the role gold plays as a strategic asset, shaping the future of a responsible and accessible gold supply chain. Our team of experts…

People in this episode

Hosts: Joe Cavatoni, John Reade

Guest: Rebecca Patterson

Topics covered

• macroeconomic landscape
• geopolitical risk
• investment decision-making
• globalisation
• supply chains
• monetary policy

Keywords

• macroeconomics
• geopolitical risk
• investment
• energy prices
• monetary policy
• inflation
• economic growth

Mentioned in this episode

Organizations: Vanguard, Council on Foreign Relations, World Gold Council

More episodes of Unearthed

• Unearthed: Supply, Strategy, and the Road to $6,000 ft Nicky Shiels, MKS PAMP · June 9, 2026 · 28 min
• Unearthed: Decoding Gold Demand · May 18, 2026 · 7 min
• Unearthed: Central bank gold transactions and strategies · April 17, 2026 · 7 min
• Unearthed: Navigating Gold's New Volatility Among Geopolitical Conflict · March 9, 2026 · 8 min
• Unearthed: The New Shape of Gold Demand in China ft. Roland Wang, CEO of World Gold Council China · February 19, 2026 · 28 min
• Unearthed: Gold Price Surge and What It Means for Investors · February 13, 2026 · 8 min