リサーチ - 音声配信


18 June 2018
Demand Decidedly Stronger in May
7:00
In the latest monthly podcast, Western Asset’s Head of Public Finance Robert Amodeo recaps the 2018 muni news so far this year, analyzes reasons for the recent negative muni bond performance and discusses why demand has finally spiked in May.
11 June 2018
Italian Fiscal Policy in the Spotlight
4:23
In this month’s Macro Opportunities podcast, Western Asset’s Joseph Filicetti discusses the rise and fall of 10-year UST yields in May, inflation data surprising to the upside and the volatility surrounding Italy’s populist government’s economic plan.
16 May 2018
Economic Cycle to Continue
4:04
In this month’s Macro Opportunities podcast, Western Asset’s Joseph Filicetti discusses the ongoing underperformance in emerging markets, the potential for a global growth slowdown, and our continued belief that the current economic cycle has more time left before inflationary pressures rise.
7 May 2018
Underwhelming Muni Performance Improves Appeal
5:08
In the latest monthly podcast, Western Asset’s Head of Public Finance Robert Amodeo discusses the lackluster performance so far this year for munis, their tendency to underperform during tax season and how these factors belie their strong fundamentals.
12 April 2018
A Flattening Yield-Curve for Municipal Bonds
8:01
In the latest monthly podcast, Western Asset’s Robert Amodeo discusses the yield-curve flattening for municipal bonds and their increased attractiveness after underwhelming performance so far this year.
6 April 2018
Credit Spreads Wider in March
4:56
In this month’s Macro Opportunities podcast, Western Asset’s Joseph Filicetti discusses the flattening of the yield curve, the widening of credit spreads due to tighter liquidity conditions and our belief that the current economic cycle will extend much further before we see signs of inflationary pressures.
15 March 2018
Tax Cuts Not Inflationary
6:01
In this month’s Macro Opportunities podcast, Western Asset’s Joseph Filicetti discusses bond performance in February, the outlook for inflation (including the impact of the recently passed tax bill) and why we disagree with the market consensus predicting higher inflation.
13 March 2018
Volatility Up, Inflation Down
7:19
In the latest monthly podcast, Western Asset’s Robert Amodeo discusses fixed-income markets posting negative returns again in February against the backdrop of market volatility and bearish inflation sentiment, and why we think muni valuations continue to be compelling.
14 February 2018
Developed Market Rates and Risk Assets Selloff
4:56
In this month’s Macro Opportunities podcast, Western Asset’s Joseph Filicetti discusses the recent market selloff, speculation around rising inflation, how our inflation view differs from the consensus and expectations for future rate hikes under new Fed Chair Jerome Powell.
14 February 2018
Continued Focus on Revenue Bond Sectors
5:21
In the latest monthly podcast, Western Asset’s Robert Amodeo discusses the dampened yields in the municipal bond market in January following the rush of supply in December and describes how infrastructure policy on the horizon could affect private activity bond issuance.
18 January 2018
Looking Ahead in 2018
4:29
In this month’s Macro Opportunities podcast, Western Asset’s Joseph Filicetti discusses US inflation and growth expectations for 2018 as well as our tactical approach to overall portfolio duration and yield-curve positioning.
12 January 2018
Positive Performance Through Short Stints of Volatility
7:27
In the latest monthly podcast, Robert Amodeo discusses factors that led to overall positive performance for municipal bonds in 2017 despite short stints of volatility and looks ahead to the potential impact of tax reform.
14 December 2017
Short-Dated USTs Rose in November
3:53
In this month’s Macro Opportunities podcast, Product Specialist Joseph Filicetti discusses how short-dated US Treasury (UST) yields rose in anticipation of the December Federal Reserve rate hike, as well as recent performance of both foreign and domestic bonds.
11 December 2017
The Positive and Unexpected Aspects of the Tax Reform Bills
6:23
In the latest monthly podcast, Robert Amodeo describes a stable yield environment, an anticipated drop in demand and how the US House and Senate tax reform plans each contain some minor surprises but offer a net positive for municipal bond investors.
14 November 2017
Four Components of Successful Tax Reform
4:43
In this month’s Macro Opportunities podcast, Joseph Filicetti discusses the investment implications of potential tax reform and provides a breakdown of the four components we expect to see in any tax plan that passes.
14 November 2017
Competing Tax Reform Proposals from the House and Senate
6:51
In the latest monthly podcast, Robert Amodeo discusses key themes affecting the municipal bond market, including details of the new tax reform proposals from both the House and the Senate, muted supply, the stable yield-ratio environment and an update on Puerto Rico’s post-hurricane status.
13 October 2017
Opposite Price Action in August and September
5:10
In this month’s Macro Opportunities podcast, Product Specialist Joseph Filicetti discusses the market outlook, firming economic data, positioning for a flatter US yield curve, and details of the opposite price movements in August and September.
10 October 2017
Stable Economic Backdrop Fosters Tight Credit Spreads
6:28
In the latest monthly podcast, Robert Amodeo, Head of Public Finance, discusses key themes affecting the municipal bond market, including the current stable economic backdrop, early discussions of tax reform and Hurricane Maria’s impact on Puerto Rico.
15 September 2017
Real Yields in EM Continue to Attract Investors
5:04
In this month’s Macro Opportunities podcast, Product Specialist Joseph Filicetti discusses the market outlook, persistently low inflation, Fed balance sheet normalization and why we believe the emerging markets (EMs) continue to offer great opportunities.
8 September 2017
Hurricane Harvey Fails to Disrupt Municipal Bonds
7:10
In the latest monthly podcast, Robert Amodeo, Head of Public Finance, discusses key themes affecting the municipal bond market, including the favorable balance between supply and demand, the need for an active management process given current credit valuations and the limited impact of Hurricane Harvey.
15 August 2017
Fundamentals Over Central Bank Actions
5:29
In this month’s Macro Opportunities podcast, Product Specialist Joseph Filicetti discusses the market outlook, as well as the Fed’s recent announcement it would begin running off its $4.5 trillion balance sheet later this year, and how it is that Western Asset believes the fundamentals of growth and inflation have more influence on bond yields than do central bank moves.
8 August 2017
Municipal Bonds Beat the Summer Doldrums
5:33
In the latest monthly podcast, Robert Amodeo, Head of Public Finance, discusses our continued bullish view on municipal bonds as well as key themes affecting the municipal bond market, including the stalled effort to repeal and replace the Affordable Care Act, declining cigarette shipments and the first Illinois state budget in two years.
19 July 2017
Global Repair Is Improving
5:28
In this month’s Macro Opportunities podcast, Product Specialist Joseph Filicetti discusses the market outlook, as well as how our view that while the US backdrop is favorable, the relative attractiveness of selected spread sectors outside the US has improved.
13 July 2017
Municipal Bonds Continue to Offer Good Opportunity
7:38
In the latest monthly podcast, Robert Amodeo, Head of Public Finance, discusses key themes affecting the municipal bond market, including supply and demand, potential tax reform and the need to actively navigate credit exposures.
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MUNICIPALS
Demand Decidedly Stronger in May  18 June 2018

In the latest monthly podcast, Western Asset’s Head of Public Finance Robert Amodeo recaps the 2018 muni news so far this year, analyzes reasons for the recent negative muni bond performance and discusses why demand has finally spiked in May.
7:00
MACRO OPPORTUNITIES
Italian Fiscal Policy in the Spotlight  11 June 2018

In this month’s Macro Opportunities podcast, Western Asset’s Joseph Filicetti discusses the rise and fall of 10-year UST yields in May, inflation data surprising to the upside and the volatility surrounding Italy’s populist government’s economic plan.
4:23
MACRO OPPORTUNITIES
Economic Cycle to Continue  16 May 2018

In this month’s Macro Opportunities podcast, Western Asset’s Joseph Filicetti discusses the ongoing underperformance in emerging markets, the potential for a global growth slowdown, and our continued belief that the current economic cycle has more time left before inflationary pressures rise.
4:04
MUNICIPALS
Underwhelming Muni Performance Improves Appeal  7 May 2018

In the latest monthly podcast, Western Asset’s Head of Public Finance Robert Amodeo discusses the lackluster performance so far this year for munis, their tendency to underperform during tax season and how these factors belie their strong fundamentals.
5:08
MUNICIPALS
A Flattening Yield-Curve for Municipal Bonds  12 April 2018

In the latest monthly podcast, Western Asset’s Robert Amodeo discusses the yield-curve flattening for municipal bonds and their increased attractiveness after underwhelming performance so far this year.
8:01
MACRO OPPORTUNITIES
Credit Spreads Wider in March  6 April 2018

In this month’s Macro Opportunities podcast, Western Asset’s Joseph Filicetti discusses the flattening of the yield curve, the widening of credit spreads due to tighter liquidity conditions and our belief that the current economic cycle will extend much further before we see signs of inflationary pressures.
4:56
MACRO OPPORTUNITIES
Tax Cuts Not Inflationary  15 March 2018

In this month’s Macro Opportunities podcast, Western Asset’s Joseph Filicetti discusses bond performance in February, the outlook for inflation (including the impact of the recently passed tax bill) and why we disagree with the market consensus predicting higher inflation.
6:01
MUNICIPALS
Volatility Up, Inflation Down  13 March 2018

In the latest monthly podcast, Western Asset’s Robert Amodeo discusses fixed-income markets posting negative returns again in February against the backdrop of market volatility and bearish inflation sentiment, and why we think muni valuations continue to be compelling.
7:19
MACRO OPPORTUNITIES
Developed Market Rates and Risk Assets Selloff  14 February 2018

In this month’s Macro Opportunities podcast, Western Asset’s Joseph Filicetti discusses the recent market selloff, speculation around rising inflation, how our inflation view differs from the consensus and expectations for future rate hikes under new Fed Chair Jerome Powell.
4:56
MUNICIPALS
Continued Focus on Revenue Bond Sectors  14 February 2018

In the latest monthly podcast, Western Asset’s Robert Amodeo discusses the dampened yields in the municipal bond market in January following the rush of supply in December and describes how infrastructure policy on the horizon could affect private activity bond issuance.
5:21
MACRO OPPORTUNITIES
Looking Ahead in 2018  18 January 2018

In this month’s Macro Opportunities podcast, Western Asset’s Joseph Filicetti discusses US inflation and growth expectations for 2018 as well as our tactical approach to overall portfolio duration and yield-curve positioning.
4:29
MUNICIPALS
Positive Performance Through Short Stints of Volatility  12 January 2018

In the latest monthly podcast, Robert Amodeo discusses factors that led to overall positive performance for municipal bonds in 2017 despite short stints of volatility and looks ahead to the potential impact of tax reform.
7:27
MACRO OPPORTUNITIES
Short-Dated USTs Rose in November  14 December 2017

In this month’s Macro Opportunities podcast, Product Specialist Joseph Filicetti discusses how short-dated US Treasury (UST) yields rose in anticipation of the December Federal Reserve rate hike, as well as recent performance of both foreign and domestic bonds.
3:53
MUNICIPALS
The Positive and Unexpected Aspects of the Tax Reform Bills  11 December 2017

In the latest monthly podcast, Robert Amodeo describes a stable yield environment, an anticipated drop in demand and how the US House and Senate tax reform plans each contain some minor surprises but offer a net positive for municipal bond investors.
6:23
MACRO OPPORTUNITIES
Four Components of Successful Tax Reform  14 November 2017

In this month’s Macro Opportunities podcast, Joseph Filicetti discusses the investment implications of potential tax reform and provides a breakdown of the four components we expect to see in any tax plan that passes.
4:43
MUNICIPALS
Competing Tax Reform Proposals from the House and Senate  14 November 2017

In the latest monthly podcast, Robert Amodeo discusses key themes affecting the municipal bond market, including details of the new tax reform proposals from both the House and the Senate, muted supply, the stable yield-ratio environment and an update on Puerto Rico’s post-hurricane status.
6:51
MACRO OPPORTUNITIES
Opposite Price Action in August and September  13 October 2017

In this month’s Macro Opportunities podcast, Product Specialist Joseph Filicetti discusses the market outlook, firming economic data, positioning for a flatter US yield curve, and details of the opposite price movements in August and September.
5:10
MUNICIPALS
Stable Economic Backdrop Fosters Tight Credit Spreads  10 October 2017

In the latest monthly podcast, Robert Amodeo, Head of Public Finance, discusses key themes affecting the municipal bond market, including the current stable economic backdrop, early discussions of tax reform and Hurricane Maria’s impact on Puerto Rico.
6:28
MACRO OPPORTUNITIES
Real Yields in EM Continue to Attract Investors  15 September 2017

In this month’s Macro Opportunities podcast, Product Specialist Joseph Filicetti discusses the market outlook, persistently low inflation, Fed balance sheet normalization and why we believe the emerging markets (EMs) continue to offer great opportunities.
5:04
MUNICIPALS
Hurricane Harvey Fails to Disrupt Municipal Bonds  8 September 2017

In the latest monthly podcast, Robert Amodeo, Head of Public Finance, discusses key themes affecting the municipal bond market, including the favorable balance between supply and demand, the need for an active management process given current credit valuations and the limited impact of Hurricane Harvey.
7:10
MACRO OPPORTUNITIES
Fundamentals Over Central Bank Actions  15 August 2017

In this month’s Macro Opportunities podcast, Product Specialist Joseph Filicetti discusses the market outlook, as well as the Fed’s recent announcement it would begin running off its $4.5 trillion balance sheet later this year, and how it is that Western Asset believes the fundamentals of growth and inflation have more influence on bond yields than do central bank moves.
5:29
MUNICIPALS
Municipal Bonds Beat the Summer Doldrums  8 August 2017

In the latest monthly podcast, Robert Amodeo, Head of Public Finance, discusses our continued bullish view on municipal bonds as well as key themes affecting the municipal bond market, including the stalled effort to repeal and replace the Affordable Care Act, declining cigarette shipments and the first Illinois state budget in two years.
5:33
MACRO OPPORTUNITIES
Global Repair Is Improving  19 July 2017

In this month’s Macro Opportunities podcast, Product Specialist Joseph Filicetti discusses the market outlook, as well as how our view that while the US backdrop is favorable, the relative attractiveness of selected spread sectors outside the US has improved.
5:28
MUNICIPALS
Municipal Bonds Continue to Offer Good Opportunity  13 July 2017

In the latest monthly podcast, Robert Amodeo, Head of Public Finance, discusses key themes affecting the municipal bond market, including supply and demand, potential tax reform and the need to actively navigate credit exposures.
7:38

IMPORTANT DISCLOSURES AND COPYRIGHT INFORMATION

The opinions and views expressed in this audio are as of 18 June 2018. Such opinions are subject to change and may differ from others in the Firm, or the Firm as a whole. This audio is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security or product. Statements in this audio should not be considered investment advice and are not intended to be relied upon as a factual prediction or forecast of future events or performance or a guarantee of future results. Likewise, past results are not indicative of future investment results. Employees and/or clients of Western Asset Management may have a position in the securities mentioned.
Additional information about Macro Opportunities may be found here.
The opinions and views expressed in this audio are as of 11 June 2018. Such opinions are subject to change and may differ from others in the Firm, or the Firm as a whole. This audio is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security or product. Statements in this audio should not be considered investment advice and are not intended to be relied upon as a factual prediction or forecast of future events or performance or a guarantee of future results. Likewise, past results are not indicative of future investment results. Employees and/or clients of Western Asset Management may have a position in the securities mentioned.
Additional information about Macro Opportunities may be found here.
The opinions and views expressed in this audio are as of 16 May 2018. Such opinions are subject to change and may differ from others in the Firm, or the Firm as a whole. This audio is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security or product. Statements in this audio should not be considered investment advice and are not intended to be relied upon as a factual prediction or forecast of future events or performance or a guarantee of future results. Likewise, past results are not indicative of future investment results. Employees and/or clients of Western Asset Management may have a position in the securities mentioned.
The opinions and views expressed in this audio are as of 7 May 2018. Such opinions are subject to change and may differ from others in the Firm, or the Firm as a whole. This audio is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security or product. Statements in this audio should not be considered investment advice and are not intended to be relied upon as a factual prediction or forecast of future events or performance or a guarantee of future results. Likewise, past results are not indicative of future investment results. Employees and/or clients of Western Asset Management may have a position in the securities mentioned.
The opinions and views expressed in this audio are as of 12 April 2018. Such opinions are subject to change and may differ from others in the Firm, or the Firm as a whole. This audio is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security or product. Statements in this audio should not be considered investment advice and are not intended to be relied upon as a factual prediction or forecast of future events or performance or a guarantee of future results. Likewise, past results are not indicative of future investment results. Employees and/or clients of Western Asset Management may have a position in the securities mentioned.
Additional information about Macro Opportunities may be found here.
The opinions and views expressed in this audio are as of 6 April 2018. Such opinions are subject to change and may differ from others in the Firm, or the Firm as a whole. This audio is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security or product. Statements in this audio should not be considered investment advice and are not intended to be relied upon as a factual prediction or forecast of future events or performance or a guarantee of future results. Likewise, past results are not indicative of future investment results. Employees and/or clients of Western Asset Management may have a position in the securities mentioned.
Additional information about Macro Opportunities may be found here.
The opinions and views expressed in this audio are as of 15 March 2018. Such opinions are subject to change and may differ from others in the Firm, or the Firm as a whole. This audio is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security or product. Statements in this audio should not be considered investment advice and are not intended to be relied upon as a factual prediction or forecast of future events or performance or a guarantee of future results. Likewise, past results are not indicative of future investment results. Employees and/or clients of Western Asset Management may have a position in the securities mentioned.
The opinions and views expressed in this audio are as of 13 March 2018. Such opinions are subject to change and may differ from others in the Firm, or the Firm as a whole. This audio is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security or product. Statements in this audio should not be considered investment advice and are not intended to be relied upon as a factual prediction or forecast of future events or performance or a guarantee of future results. Likewise, past results are not indicative of future investment results. Employees and/or clients of Western Asset Management may have a position in the securities mentioned.
Additional information about Macro Opportunities may be found here.
The opinions and views expressed in this audio are as of 14 February 2018. Such opinions are subject to change and may differ from others in the Firm, or the Firm as a whole. This audio is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security or product. Statements in this audio should not be considered investment advice and are not intended to be relied upon as a factual prediction or forecast of future events or performance or a guarantee of future results. Likewise, past results are not indicative of future investment results. Employees and/or clients of Western Asset Management may have a position in the securities mentioned.
The opinions and views expressed in this audio are as of 14 February 2018. Such opinions are subject to change and may differ from others in the Firm, or the Firm as a whole. This audio is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security or product. Statements in this audio should not be considered investment advice and are not intended to be relied upon as a factual prediction or forecast of future events or performance or a guarantee of future results. Likewise, past results are not indicative of future investment results. Employees and/or clients of Western Asset Management may have a position in the securities mentioned.
Additional information about Macro Opportunities may be found here.
The opinions and views expressed in this audio are as of 18 January 2018. Such opinions are subject to change and may differ from others in the Firm, or the Firm as a whole. This audio is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security or product. Statements in this audio should not be considered investment advice and are not intended to be relied upon as a factual prediction or forecast of future events or performance or a guarantee of future results. Likewise, past results are not indicative of future investment results. Employees and/or clients of Western Asset Management may have a position in the securities mentioned.
The opinions and views expressed in this audio are as of 12 January 2018. Such opinions are subject to change and may differ from others in the Firm, or the Firm as a whole. This audio is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security or product. Statements in this audio should not be considered investment advice and are not intended to be relied upon as a factual prediction or forecast of future events or performance or a guarantee of future results. Likewise, past results are not indicative of future investment results. Employees and/or clients of Western Asset Management may have a position in the securities mentioned.
Additional information about Macro Opportunities may be found here.
The opinions and views expressed in this audio are as of 14 December 2017. Such opinions are subject to change and may differ from others in the Firm, or the Firm as a whole. This audio is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security or product. Statements in this audio should not be considered investment advice and are not intended to be relied upon as a factual prediction or forecast of future events or performance or a guarantee of future results. Likewise, past results are not indicative of future investment results. Employees and/or clients of Western Asset Management may have a position in the securities mentioned.
The opinions and views expressed in this audio are as of 11 December 2017. Such opinions are subject to change and may differ from others in the Firm, or the Firm as a whole. This audio is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security or product. Statements in this audio should not be considered investment advice and are not intended to be relied upon as a factual prediction or forecast of future events or performance or a guarantee of future results. Likewise, past results are not indicative of future investment results. Employees and/or clients of Western Asset Management may have a position in the securities mentioned.
Additional information about Macro Opportunities may be found here.
The opinions and views expressed in this audio are as of 14 November 2017. Such opinions are subject to change and may differ from others in the Firm, or the Firm as a whole. This audio is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security or product. Statements in this audio should not be considered investment advice and are not intended to be relied upon as a factual prediction or forecast of future events or performance or a guarantee of future results. Likewise, past results are not indicative of future investment results. Employees and/or clients of Western Asset Management may have a position in the securities mentioned.
The opinions and views expressed in this audio are as of 14 November 2017. Such opinions are subject to change and may differ from others in the Firm, or the Firm as a whole. This audio is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security or product. Statements in this audio should not be considered investment advice and are not intended to be relied upon as a factual prediction or forecast of future events or performance or a guarantee of future results. Likewise, past results are not indicative of future investment results. Employees and/or clients of Western Asset Management may have a position in the securities mentioned.
Additional information about Macro Opportunities may be found here.
The opinions and views expressed in this audio are as of 13 October 2017. Such opinions are subject to change and may differ from others in the Firm, or the Firm as a whole. This audio is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security or product. Statements in this audio should not be considered investment advice and are not intended to be relied upon as a factual prediction or forecast of future events or performance or a guarantee of future results. Likewise, past results are not indicative of future investment results. Employees and/or clients of Western Asset Management may have a position in the securities mentioned.
The opinions and views expressed in this audio are as of 10 October 2017. Such opinions are subject to change and may differ from others in the Firm, or the Firm as a whole. This audio is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security or product. Statements in this audio should not be considered investment advice and are not intended to be relied upon as a factual prediction or forecast of future events or performance or a guarantee of future results. Likewise, past results are not indicative of future investment results. Employees and/or clients of Western Asset Management may have a position in the securities mentioned.
Additional information about Macro Opportunities may be found here.
The opinions and views expressed in this audio are as of 15 September 2017. Such opinions are subject to change and may differ from others in the Firm, or the Firm as a whole. This audio is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security or product. Statements in this audio should not be considered investment advice and are not intended to be relied upon as a factual prediction or forecast of future events or performance or a guarantee of future results. Likewise, past results are not indicative of future investment results. Employees and/or clients of Western Asset Management may have a position in the securities mentioned.
The opinions and views expressed in this audio are as of 8 September 2017. Such opinions are subject to change and may differ from others in the Firm, or the Firm as a whole. This audio is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security or product. Statements in this audio should not be considered investment advice and are not intended to be relied upon as a factual prediction or forecast of future events or performance or a guarantee of future results. Likewise, past results are not indicative of future investment results. Employees and/or clients of Western Asset Management may have a position in the securities mentioned.
Additional information about Macro Opportunities may be found here.
The opinions and views expressed in this audio are as of 15 August 2017. Such opinions are subject to change and may differ from others in the Firm, or the Firm as a whole. This audio is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security or product. Statements in this audio should not be considered investment advice and are not intended to be relied upon as a factual prediction or forecast of future events or performance or a guarantee of future results. Likewise, past results are not indicative of future investment results. Employees and/or clients of Western Asset Management may have a position in the securities mentioned.
The opinions and views expressed in this audio are as of 8 August 2017. Such opinions are subject to change and may differ from others in the Firm, or the Firm as a whole. This audio is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security or product. Statements in this audio should not be considered investment advice and are not intended to be relied upon as a factual prediction or forecast of future events or performance or a guarantee of future results. Likewise, past results are not indicative of future investment results. Employees and/or clients of Western Asset Management may have a position in the securities mentioned.
Additional information about Macro Opportunities may be found here.
The opinions and views expressed in this audio are as of 19 July 2017. Such opinions are subject to change and may differ from others in the Firm, or the Firm as a whole. This audio is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security or product. Statements in this audio should not be considered investment advice and are not intended to be relied upon as a factual prediction or forecast of future events or performance or a guarantee of future results. Likewise, past results are not indicative of future investment results. Employees and/or clients of Western Asset Management may have a position in the securities mentioned.
The opinions and views expressed in this audio are as of 13 July 2017. Such opinions are subject to change and may differ from others in the Firm, or the Firm as a whole. This audio is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security or product. Statements in this audio should not be considered investment advice and are not intended to be relied upon as a factual prediction or forecast of future events or performance or a guarantee of future results. Likewise, past results are not indicative of future investment results. Employees and/or clients of Western Asset Management may have a position in the securities mentioned.