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Reflections on the markets, economy and investing
Legg Mason: Tilting Toward Accommodation
Feb 27, 2019
Subdued global inflation should provide monetary policymakers with a ramp to be more accommodative and perhaps pull back from their normalization efforts. We’re encouraged by the Fed's latest commitment to be more data-dependent. more...
Legg Mason: Slowing Fast Fashion
Feb 27, 2019
The sustainability credentials of the US$1.3 trillion global fashion industry are coming under heightened scrutiny. In the last 15 years, world clothing production has almost doubled, with more than 300 million people employed along its value chain. However, the growth of this huge industry has come at a significant cost, and there is now increasing awareness of its outsized environmental and societal impacts*. more...
Legg Mason: Four Outlooks for Europe
Feb 20, 2019
The outlook for European stocks appears more mixed than a year ago -- with similar potential for both very good and very bad outcomes based on the macro environment. more...