Perspectives

Show: All Anatomy of a Recession Equity Insights Infrastructure Insights Market Outlook Responsible Investing Video

Anatomy of a Recession

8 June 2023

AOR Update: Labor Market Cracks Emerging

Despite continued strong headline numbers suggesting labor market resilience, we believe an upward trend in initial jobless claims signals weakness ahead.

Infrastructure Insights

1 June 2023

The Prudence of Infrastructure in a Recession

Infrastructure’s focus on cash flows and underlying earnings make it a prudent investment as economic conditions deteriorate and a recession looms.

Equity Insights

29 May 2023

Preparing, Persisting Through a Bank Crisis

The speed with which March’s bank crisis unfolded illustrated the need for both pre-emptive and proactive approaches to risk management.

Anatomy of a Recession Video

9 May 2023

U.S. Recession Likelihood in 2023

Listen to Jeff Schulze discuss the likelihood of a recession in the U.S., detail factors contributing to inflation, and outline the implications of these developments for investors.

Anatomy of a Recession

3 May 2023

AOR Update: The Dominoes Are Falling

The ClearBridge Recession Risk Dashboard saw three negative signal changes this month in Truck Shipments, Jobless Claims and Job Sentiment, pushing it deeper into red or recessionary territory and suggesting a significant downshift in the economy.

Responsible Investing

27 Apr 2023

ClearBridge Investments 2023 Stewardship Report

A compendium of our recent best thinking on the impact of ESG integration and engagement, ClearBridge Investments' 2023 Stewardship Report is an index to topics that will dominate investment conversations in the months and years ahead.

Anatomy of a Recession

6 Apr 2023

The Long View: They're Here!

Bank failures in March marked the first lagged effect from the Fed’s aggressive tightening cycle. Broader risks may materialise later this year as tighter lending standards reduce credit availability, weighing on GDP growth.

Infrastructure Insights

21 Mar 2023

Testing Infrastructure's Resilience Amid Heightened Uncertainties

In both short-term and long-term scenarios, the effect of the changes in macro variables on infrastructure returns is positive in most cases.

Anatomy of a Recession

15 Mar 2023

AOR Update: Bank Crisis Recalibrates the Fed's Path

Irrespective of what the Fed ultimately decides, it seems probable that lending standards will tighten further meaning less access to credit for borrowers and a higher cost of capital, resulting in slower economic growth.

Anatomy of a Recession

7 Mar 2023

AOR Update: Soft Landing Head Fake or the Real McCoy?

We continue to believe a recession is more likely than a soft landing, given many of these data points are lagging or coincident in nature.

Equity Insights

10 Feb 2023

Risk is Not a Four-Letter Word

Risk is an essential component of the investment process that we must take on to accomplish our goal of delivering attractive long-term returns.

Anatomy of a Recession

3 Feb 2023

AOR Update: A Headwind, Not a Hurricane

While housing has been on the leading edge of the current downturn, the threat of higher interest rates will likely be muted relative to history.