Perspectives

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

Equity Insights Market Outlook

6 Dec 2024

U.S. Equity Outlook: Guarded Optimism Amid Bullishness

CIO, Scott Glasser explains why he expects U.S. returns to be more subdued but positive in the year ahead given ample liquidity, healthy corporate profits and animal spirits buoyed by expectations of a pro-growth, deregulatory agenda.

Infrastructure Insights Market Outlook Video

6 Dec 2024

Infrastructure Outlook: Bridging the Valuation Gap

Opportunities continue to be widespread across the infrastructure landscape, with strong fundamentals and the market still massively underestimating the growth in electricity demand driven by AI and data growth.

Anatomy of a Recession Equity Insights Market Outlook

3 Dec 2024

U.S. Economic Outlook: Will U.S. Exceptionalism Continue?

Most key components of exceptional relative U.S. economic growth remain intact, supporting our forecast for a better than expected expansion in 2025.

Equity Insights Market Outlook

8 July 2024

Midyear Equity Outlook: Rotation Seems Inevitable

While second-half profit expectations are likely to be reduced, we believe weakness will be contained, and the U.S. economy will avoid a recession.

Anatomy of a Recession Equity Insights Market Outlook

15 Dec 2023

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.

Equity Insights Market Outlook

15 Dec 2023

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.

Infrastructure Insights Market Outlook

15 Dec 2023

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.

Market Outlook Responsible Investing

19 Jan 2023

Global ESG Outlook: More Scrutiny on Sustainable Investments

Regulation, biodiversity and human and labor rights should remain a focus for sustainability-minded investors in 2023.

Equity Insights Market Outlook

16 Dec 2022

U.S. Equity Outlook: Patiently Waiting for a Durable Bottom

We see 2023 shaping up to be a tale of two halves. Heading into the new year, we continue to favour value stocks with defensive characteristics. However, as market participants become convinced the bear market is over, leadership should rotate toward small cap and more aggressive, higher risk stocks.

Anatomy of a Recession Equity Insights Market Outlook

16 Dec 2022

AOR U.S. Economic Outlook: Recession the Path of Least Resistance

The ClearBridge Recession Risk Dashboard has been flashing a red or recessionary signal for the past four months, consistent with our view that a recession is likely to occur in the U.S. in the next 12 months.

Infrastructure Insights Market Outlook Video

14 Dec 2022

2023 Infrastructure Outlook: Climate, Macro Drivers Create Tailwinds

Secular growth drivers for infrastructure should be on full display in 2023, as the dire need for infrastructure spending underpins growth for the next decade, and the first steps for meeting long-term climate and electrification goals are being taken now.

Anatomy of a Recession Market Outlook Video

16 Aug 2022

AOR: US Economic and Market Views - August 2022 Update

For the economy to avert recession after a second straight negative quarter and a now yellow Recession Risk Dashboard, the Fed will likely need to make a dovish pivot.