Perspectives

Stay up-to-date with the current investment and macroeconomic issues at ClearBridge Investments. We provide analyses of the themes and trends which lie at the heart of your investment challenges.

Anatomy of a Recession Market Outlook
AOR Update: Wage Moderation Allows Fed Patience

AOR Update: Wage Moderation Allows Fed Patience

Jeff Schulze and Josh Jamner examine why slowing wage growth in the U.S. should offset fears that recent hot inflation prints could spur additional Fed tightening. They also explain how wages have achieved a “Goldilocks” zone supportive of a soft landing.

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Infrastructure Insights Video
Valuation of Infrastructure Assets Q1 2024

Valuation of Infrastructure Assets Q1 2024

In our latest Valuation update, Portfolio Manager, Simon Ong discusses the contributors to infrastructure returns in the first quarter of 2024, and weighs in on the factors impacting different infrastructure sectors across the globe.

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Equity Insights
International Companies Drive Diabesity Innovation

International Companies Drive Diabesity Innovation

Diabetes and obesity (“diabesity”) have rapidly become the largest opportunity in health care, with an estimated total long-term addressable market of $100 billion in the U.S. alone. Research & development outside the U.S. has provided actionable insights into the blockbuster market for diabesity treatments.

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Anatomy of a Recession Market Outlook
The Long View: A Unique Cycle

The Long View: A Unique Cycle

The distinct nature of the current economic cycle appears to have tripped up many traditional recession indicators. Several leading indicators have improved over the last six months, including an upgrade of the ClearBridge Recession Risk Dashboard to yellow from red.

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Anatomy of a Recession Market Outlook
AOR Update: It's Looking Different

AOR Update: It's Looking Different

Unsynchronised post-pandemic business cycles look to have spoiled recession expectations, with the ClearBridge Recession Risk Dashboard moving from red to yellow, favouring a soft landing.

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Anatomy of a Recession Market Outlook
AOR Update: Soft Landing Coming into View

AOR Update: Soft Landing Coming into View

The overall reading of the ClearBridge Recession Risk Dashboard, while still in red or recessionary territory, is nearing the threshold for yellow.

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Infrastructure Insights Video
Unlock the Potential of Infrastructure Through Active Management

Unlock the Potential of Infrastructure Through Active Management

Portfolio Manager, Nick Langley highlights how the energy transition and reshoring of supply chains underline the need for active management in the infrastructure space.

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Infrastructure Insights Video
The Impact of Bond Yields on Infrastructure Assets

The Impact of Bond Yields on Infrastructure Assets

Watch Portfolio Manager, Nick Langley explain the impact that bond yield volatility has on the infrastructure asset class. 

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Anatomy of a Recession Market Outlook
The Long View: Here Comes the Sun?

The Long View: Here Comes the Sun?

Several rays of light are showing through the macro clouds, including an increasing likelihood of a soft landing with the Fed being in a more flexible position as inflation moderates and three positive indicator changes for the ClearBridge Recession Risk Dashboard in the last quarter.

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Anatomy of a Recession Equity Insights Market Outlook
U.S. Economic Outlook: Beware Lagged Effects

U.S. Economic Outlook: Beware Lagged Effects

The economy is at the crux of this cycle, the most difficult period of headwinds. We expect the lagged effects of Fed tightening to slow economic growth during the first half of 2024 and we continue to maintain our base case of a recession as we move through this period.

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Equity Insights Market Outlook
U.S. Equity Outlook: Market Breadth to Dictate Bullishness

U.S. Equity Outlook: Market Breadth to Dictate Bullishness

CIO, Scott Glasser explains the importance of greater market participation to extend the current bull market and why high-quality defensive stocks, particularly in health care, are positioned to hold up better than the current mega cap leaders in an economic downturn.

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Infrastructure Insights Market Outlook
2024 Infrastructure Outlook: Diversification Benefits Could Be Timely

2024 Infrastructure Outlook: Diversification Benefits Could Be Timely

Infrastructure’s inflation pass-through worked well in 2023, supporting earnings across the asset class, while its defense and diversification could make it valuable in 2024. 

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