The disappointing August jobs report was primarily due to the Delta variant, but sets up a potential goldilocks scenario for investors.
Recent economic expansions have lengthened with recessions occurring less frequently, suggesting another extended period of growth ahead.
In this second quarter commentary, ClearBridge Investments suggests a strong macro outlook and resurgent buybacks point to any weakness as a buying opportunity.
The Anatomy of a Recession (AOR) program is designed through our thoughtful insights and exclusive risk and recovery indicators to help you and your clients stay on top of the business cycle through our exclusive risk and recovery dashboards.
ClearBridge Investments believe an improving jobs market will help drive further upside to consumption and GDP expectations as individual stimulus payments begin to wane.
Jeff Schulze, Investment Strategist at ClearBridge Investments, a specialist investment manager of Franklin Templeton, discusses why expectations for GDP growth in the US are soaring, how high the 10-year Treasury could rise, and why not to fear inflation long-term.
Investors are increasingly concerned about the risk of a sharp rise in inflation once the economy has reopened.
The recent job growth in construction and manufacturing is an encouraging sign of economic resilience during COVID-19.