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
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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Anatomy of a Recession Market Outlook
AOR Update: The Fed is Done, What's Next?

AOR Update: The Fed is Done, What's Next?

With the U.S. market and Federal Open Market Committee suggesting the rate hike cycle is complete, the first rate cut could come by May, a pause consistent with the Fed’s “higher for longer” messaging.

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Infrastructure Insights Video
Infrastructure Opportunities Amid Uncertainty

Infrastructure Opportunities Amid Uncertainty

Watch Portfolio Manager, Nick Langley discuss the drivers of recent listed infrastructure performance and highlight how stabilising real yields and strong company fundamentals are improving the outlook for the asset class.

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Anatomy of a Recession Market Outlook
AOR Update: Not Always a Straight Line Down

AOR Update: Not Always a Straight Line Down

Despite better than expected Q3 GDP, we remain cautious as consumption has historically remained strong right up until or even past the start of previous recessions.

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Anatomy of a Recession Market Outlook
The Long View: The Crux

The Long View: The Crux

The toughest test for investors lies ahead as stimulus and consumer resilience fade while lagged effects of rate hikes take hold.

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Anatomy of a Recession Market Outlook
Higher Deficits to Impact Equity Valuations, Market Leadership

Higher Deficits to Impact Equity Valuations, Market Leadership

The U.S. interest burden is set to move higher in the coming decade and could eclipse the previous peak seen in the late 1980s and early 1990s.

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Infrastructure Insights
Total Returns Set Infrastructure Apart from Equities and Bonds

Total Returns Set Infrastructure Apart from Equities and Bonds

Listed infrastructure’s defensiveness relative to other equities and its ability to provide long-term capital growth over an economic cycle relative to bonds offer differentiation in an environment of macroeconomic uncertainty and higher bond yields.

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Anatomy of a Recession Market Outlook
AOR Update: Lower Yields, So What?

AOR Update: Lower Yields, So What?

The 10-year U.S. Treasury yield is likely to decline in the coming year, creating catalysts for equity valuations and influencing market leadership.

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Infrastructure Insights
The Power of Infrastructure: Stability and Growth in Volatile Markets

The Power of Infrastructure: Stability and Growth in Volatile Markets

In times of economic uncertainty and market volatility, investors turn to strategies that offer a balance of stability and growth. One asset class that is capturing increasing attention is global listed infrastructure.

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