The coronavirus pandemic has unleashed unprecedented market volatility with the ClearBridge Investments Recession Risk Dashboard turning red in April signaling a recession was underway. In early June, the National Bureau of Economic Research announced that economic activity peaked in February leading the beginning of the first U.S. recession in over a decade. As a result, the ClearBridge Investments Recovery Dashboard was introduced in Q2 to help identify conditions that have been historically instrumental in forming durable economic and market bottoms. This dashboard is comprised of nine indicators that fall into three key elements necessary for a lasting recovery: Financial, Economic, Confidence. Click on each tab for a different view of the Recovery Dashboard data.
AOR Webinar June 2020 Replay
Presented by our colleague at ClearBridge Investments from New York, Investment Strategist Jeffrey Schulze, CFA examines how these periods have historically impacted equity markets and introduce the ClearBridge Anatomy of a Recovery Dashboard, which can provide a guide to when the worst conditions have passed. RARE Infrastructure’s Managing Director, Co-Founder, Senior Portfolio Manager, Richard Elmslie, also discusses the dividend forecast for both Utilities and User Pay assets and what we can expect in the short to medium term.