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Talking Markets with Franklin Templeton

Franklin Templeton
US Economy
U.S. Economy
Federal Reserve
Clearbridge Investments
Labor Market
Inflation
Clearbridge Recession Risk Dashboard
Tariffs
Global Investment Management Survey
S&P 500
Recession Risk Dashboard
Consumer Confidence
Recession
Artificial Intelligence
Recession Risk
U.S. Equities
Retail Sales
Municipal Bonds
Wage Growth
United States

Global perspectives and local insights from our investment teams. © 2023 Franklin Templeton www.franklintempletonglobal.com/franklintempletonglobal/legal-info

PublishesTwice monthlyEpisodes141Founded9 years ago
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Latest Episodes

Description (used on blogs & websites):In this episode of Talking Markets with Franklin Templeton, host John Przygocki sits down with Chris Galipeau, Head Market Strategist at the Franklin Templeton Institute, and Putnam Investments portfolio manager... more

Jeff Schulze of ClearBridge Investments explains to host John Przygocki why he maintains a constructive outlook for the US economy, putting the odds of recession in the next 12 months at just 20%. Touching on the potential inflation implications of J... more

Jeff Schulze of ClearBridge Investments joins host John Przygocki to discuss US economic resilience amid Middle East energy disruptions. With 11 of 12 of his Recession Risk Dashboard indicators now green, Schulze highlights a strong labor market, dur... more

Jeff Schulze of ClearBridge Investments joins host John Przygocki to assess the health of the US economy. He points to a resilient Q1 GDP reading, strong jobs data and earnings growth in estimating a 30% recession probability. He cites the Jevons par... more

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Recent Guests

Jeffrey Schulze
Head of Economic and Market Strategy at ClearBridge Investments; architect of the Anatomy of a Recession program
ClearBridge Investments
Episode: Anatomy of a Recession Update: Jevons paradox predicts no AI "job apocalypse"
Brian Freiwald
Portfolio manager of Putnam's emerging market equity strategies
Putnam Investments
Episode: The opportunity in emerging markets today
Rick Polsinello
Senior Market Strategist, Franklin Templeton Institute
Franklin Templeton
Episode: The Opportunity in Municipal Bonds in 2026
Matt Moberg
Senior Vice President and Portfolio Manager with the Franklin Equity Group
Franklin Templeton
Episode: Colossal Tech: How AI capex is shaping the economy
Ben Barber
Head of Municipal Bonds at Franklin Templeton Fixed Income
Franklin Templeton
Episode: Markets, myths and milestones—30 years in muni bonds
Jeff Schulze
Head of Economic and Market Strategy at ClearBridge Investments
ClearBridge Investments
Episode: Anatomy of a Recession Update: Soft patch ahead?
Jonathan Curtis
Chief Investment Officer of the Franklin Equity Group with over 30 years of experience in technology and investing.
Franklin Templeton
Episode: Are investors underestimating AI?

Hosts

John Chigotsky
Host affiliated with Franklin Templeton Global Marketing Organization; frequently appears discussing market strategy and portfolio themes.
Jeff Schulze
Head of Economic and Market Strategy with clearBridge Investments; appears as a primary macro and recession analysis guest.

Reviews

4.3 out of 5 stars from 56 ratings
  • Audio quality low

    High quality info, but poor quality audio. Sounds like speakers are under water.

    Apple Podcasts
    4
    TerryTXNM
    United States6 years ago
  • Snappy insights

    Interesting market insights from senior leaders in bite sized podcasts. Keep up the good work!

    Apple Podcasts
    5
    RichWilloughby
    United Kingdom7 years ago
  • Excellent content

    I recently came across this podcast and listened to the latest episode with the analysis on Europe, global cycle and EMs and it was fantastic. I will be a regular listener

    Apple Podcasts
    5
    Derivatives Trader
    United States8 years ago
  • Disclaimer destroys value

    First podcast I had to cancel due to length of disclaimer at end of each episode. Apparently the most aggressive advise from attorneys compared to industry standard.

    Apple Podcasts
    1
    sbay123
    United States8 years ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

Disclaimers at the end can be lengthy and affect listening time.
Audio quality is sometimes inconsistent, but the information is high quality.
Listeners praise concise, senior-leadership insights in bite-sized episodes.

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Apple Podcasts
#247
Italy/Business/Investing
Apple Podcasts
#167
Austria/Business/Investing
Apple Podcasts
#191
Sweden/Business/Investing

Talking Points

Recent interactions between the hosts and their guests.

Anatomy of a Recession Update: Resilience
Q: What are your closing thoughts for our listeners about the resilience theme and the outlook for markets amid energy, tariffs, and AI-driven growth?
Equity markets have shown remarkable resilience; expect a large productivity-driven earnings upgrade while deregulation and pro-business policies support continued upside, with dips likely to be bought as the year progresses.
Anatomy of a Recession Update: Resilience
Q: Jeff, you're essentially saying you do believe higher oil will eventually start to impact the consumer as we move to the back of the year. Why has the oil market been so, I guess you'd say well-behaved considering the Strait of Hormuz has been effectively closed now for three months, is it?
The muted reaction is a function of ample pre-war inventories and ongoing supply adjustments; we expect oil to move higher in the back half as inventories normalize, but the current framework—plus policy tools like tariff refunds—helps cushion the near-term impact.
Anatomy of a Recession Update: Jevons paradox predicts no AI "job apocalypse"
Q: What were your key takeaways from the April payroll release?
The data show the economy remains on a solid trajectory with back-to-back positive payroll gains, signs of broader labor breadth, and private payroll growth accelerating; this supports a constructive view on the labor market and suggests resilience despite mixed headlines.
Anatomy of a Recession Update: Conflict, volatility and opportunity
Q: Can you tell us a little more about the research on what happens to a company's performance pre and post becoming one of the largest names in the S&P 500?
Historically, companies entering the top 10 have outperformed the benchmark on the way in, but tend to underperform over the next decade once they reach top 10 status, emphasizing the nimbleness required for active managers to navigate concentration and changing fundamentals.
Anatomy of a Recession Update: Conflict, volatility and opportunity
Q: Jeff, we are clearly experiencing some substantial volatility in capital markets. Historically, has it been worth it to invest in US equities when we experience this type of volatility and a corresponding pullback in equities due to geopolitical unrest of this magnitude?
Historically it has paid to buy geopolitical dips, with many conflicts showing that equities can recover in the 1- to 6-month horizon, though outcomes vary with broader economic conditions; the context is that inflation, unemployment, and overall macro backdrop tend to influence results more than the geopolitical shocks alone.

Audience Metrics

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Frequently Asked Questions About Talking Markets

What is Talking Markets about and what kind of topics does it cover?

The show centers on macro and market dynamics through conversations with senior investment professionals and portfolio managers. Topics span recession risk, macro indicators, AI-driven productivity, EM and DM equity themes, and fixed income themes like municipal bonds, often framed around dashboards, data releases, and policy signals. Across episodes, listeners get practical takeaways on positioning, risk management, and active management amid shifts in rate expectations, inflation, and geopolitical influences. A standout thread is the blend of macroeconomics with on-the-ground investment discipline, plus frequent commentary on AI-capex and its broader economic implications, making it a likely fit for financial professionals seeking both co... more

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1. Notes on the Week Ahead
2. Insights Now
3. Capital Ideas podcast
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Talking Markets launched 9 years ago and published 141 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on Talking Markets?

Recent guests on Talking Markets include:

1. Jeffrey Schulze
2. Brian Freiwald
3. Rick Polsinello
4. Matt Moberg
5. Ben Barber
6. Jeff Schulze
7. Jonathan Curtis

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