Talking Markets with Franklin Templeton

Anatomy of a Recession Update: AI and the labor market

In this episode, our host John Przygocki and ClearBridge Investments' Jeff Schulze examine the state of the US economy following the end of the government shutdown and amid ongoing debates about the impact of artificial intelligence on employment. They cover key themes such as labor market stability, the potential for further Fed rate cuts, and the surge in capital spending by major technology firms. Jeff also shares his outlook for equity markets, highlighting why he thinks diversification and active management may hold an edge in 2026.

Anatomy of a Recession Update: Robust earnings good for labor market

Jeff Schulze, Head of Economic and Market Strategy at ClearBridge Investments, discusses the latest US economic outlook and provides insights on the Recession Risk Dashboard. Despite a federal government shutdown delaying official data releases, Jeff shares the alternative indicators he's using and why he thinks they point to continued economic resilience, strong corporate earnings, and a resilient consumer.

Anatomy of a Recession Update: Bubble or Boom?

Jeff Schulze from ClearBridge Investments discusses the potential for Fed interest-rate cuts and why he's leaning a bit hawkish. He also compares today's market dynamics to the late 1990s tech boom and shares his thoughts on the Magnificent Seven and global equity performance.

Colossal Tech: How AI capex is shaping the economy

Franklin Equity Group's Matt Moberg joins us to discuss the economic impact of innovation and artificial intelligence. He provides insights on how historical context can inform investment strategy, reviews innovation beyond technology, and emphasizes the significance of AI-related capital expenditures as a transformative force in the global economy.

Anatomy of a Recession Update: Three Fed rate cuts likely by year's end

Jeff Schulze of ClearBridge Investments shares his take on the August payroll figures and reviews the Recession Risk Dashboard which is currently holding with an overall green signal. He also covers why he thinks we may see three interest rate cuts from the Federal Reserve this year.