Perspectives

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

Anatomy of a Recession Market Outlook

11 Jan 2023

The Long View: The Most Anticipated Recession Ever

With a deep red signal emanating from the ClearBridge Recession Risk Dashboard and a Fed clearly willing to tolerate economic pain in order to restore price stability, we believe a recession is likely in 2023.

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.

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.

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

7 Oct 2022

The Long View: The Rorschach Economy

Similar to past recessionary drawdowns, we believe the bottoming process for equities will take time to unfold.

Market Outlook

20 Sep 2022

Earnings in Focus as Bear Market Continues

CIO Scott Glasser analyses the current stage of the U.S. market drawdown, the likely impact on earnings from reduced liquidity and where to position portfolios as markets likely retest prior lows.

Anatomy of a Recession Market Outlook

8 Sep 2022

AOR Update: Recession or Red Herring?

The overall signal in the ClearBridge Recession Risk Dashboard has worsened from yellow to red, with the Money Supply indicator also changing from yellow to red and deterioration in several indicators that did not move enough to trigger signal changes.

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.

Anatomy of a Recession Market Outlook

4 Aug 2022

AOR Update: Yellow Light for the Fed

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.

Anatomy of a Recession Market Outlook

7 Jul 2022

The Long View: Are We There Yet?

In the latest Anatomy of a Recession update, Jeff discusses where equities ultimately bottom will depend on how well the economy and earnings hold up.

Infrastructure Insights Market Outlook

28 Jun 2022

Managing Portfolios in Volatile Markets

Portfolio Manager Charles Hamieh discusses how investors can balance the desire for yield, diversification and sustainability in their portfolios during volatile markets.

Anatomy of a Recession Market Outlook

17 Jun 2022

AOR Update: Fast & Furious 75

In the latest Anatomy of a Recession update, Jeff and Josh trace the health of the labor market as key to taming inflation and achieving a softish landing for the economy.