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January 25, 2024
Portfolio Manager Nick Langley discusses how the market may be underestimating the chances of a recession or significant slowdown in 2024, the prospects for defensive asset classes like infrastructure as bond yields stabilize, and how infrastructure earnings are still growing strongly as they reflect the pass-through of inflation from 2022 and 2023.
Past performance is no guarantee of future results. Copyright © 2024 ClearBridge Investments. All opinions and data included in this commentary are as of the publication date and are subject to change. The opinions and views expressed herein are of the author and may differ from other portfolio managers or the firm as a whole, and are not intended to be a forecast of future events, a guarantee of future results or investment advice. This information should not be used as the sole basis to make any investment decision. The statistics have been obtained from sources believed to be reliable, but the accuracy and completeness of this information cannot be guaranteed. Neither ClearBridge Investments, LLC nor its information providers are responsible for any damages or losses arising from any use of this information.
