Featured Insights
Global Credit Cycle—End of the Party?
Why Western Asset believes the current positive phase of the credit cycle will likely continue.
Small-cap stocks
What Positives Are Investors Overlooking?
Four small-cap specialists discuss inflation, active management, market contradiction and financial accommodation.
Global economy
Toughing it Out
July data points to a picture that is probably not as bad as headlines suggest.
Municipal Market Update: July
Western Asset examines recent trends in the muni bond market and provides its outlook about conditions ahead.
Recession Indicators Update
Delving Deeper into Yellow Signals
The ClearBridge Recession Risk Dashboard is signaling caution, but a yellow signal doesn't mean recession is right around the corner.
Chart of the Week
Chart courtesy of Royce & Associates. Source: Bloomberg, as of 6/30/19. Past performance is no guarantee of future results. Indexes are unmanaged, and not available for direct investment. Index returns do not include fees or sales charges. This information is provided for illustrative purposes only and does not reflect the performance of an actual investment.
U.S. Small-Caps: The urge to merge
Chart of the Week
Market Snapshot
China targets U.S. farmers
China’s latest tariffs focus on U.S. agricultural exports; financial markets are pricing in at least one Fed rate cut this year; U.S. consumers’ debt load reached $13.67 trillion, with student debt outstripping auto loans.
Featured Insights
Around the Curve
Argentina: Will They or Won't They?
Do the heavy discounts on Argentine bonds properly reflect the risks of the upcoming election?
Around the Curve
Goodbye Convention, Hello Tweets?
How should investors approach this newest form of volatility?
Mid Week Bond Update
Global Credit: Focusing on Fundamentals
While markets respond to headlines, it can be useful to keep an eye on fundamentals.
Markets Now: Review and Outlook
The QS proprietary leading economic indicator remained in positive territory for July, with the prospects for U.S. stocks to outperform U.S. investment-grade bonds and non-U.S. developed market equities remaining intact.
The Hidden Appeal Of Small-Caps And Cyclicals
What investors don’t want to overlook about the next leg of the small-cap journey.
Currency Wars?
The U.S. Treasury has designated China as a currency manipulator. What does this mean for investors in the longer term?
Mid Week Bond Update
Global Confidence: Shake, Rattle, Roll?
In the current market turmoil, how will the disparity between business and consumer confidence get resolved?
Rate Cut Now, No Promises for Tomorrow
There's reason and room for more rate cuts ahead, but it's unclear if that includes September.
Around the Curve
Consumer Confidence: Will Business Follow?
Why are consumers more confident in the economy than businesses now? The divergence poses acute questions for central bank policymakers.
Commercial Real Estate Finance
Real Estate Lending: The CLO Factor
These real-estate loan securities are growing in number, requiring strong, fundamentals-based analysis.
All investments involve risk, including loss of principal. Past performance is no guarantee of future results. Please see each product’s webpage for specific details regarding investment objective, risks, performance and other important information. Review this information carefully before you make any investment decision.
