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Home / White Papers 2021

The Long View: The Peak in Peaks

ClearBridge Investments
25 November 2021

by Jeffrey Schulze, Director, Investment Strategist at ClearBridge Investments.

Key Takeaways

Headline risks around peak everything overlook rolling stock corrections in large swaths of the market and bearish investor sentiment, factors likely to soften the current drawdown.
The future for equities may not be as gloomy as peak monetary policy suggests due to a change in how the Fed approaches inflation and the likelihood of new leadership that could make the central bank even more dovish.
Despite a near-term drag on growth from the Delta variant, the ClearBridge Recession Risk Dashboard remains firmly in expansionary territory and the economy appears poised to accelerate into the fourth quarter and early 2022.

Download the full paper here

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