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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
Recession Risk
U.S. Equities
Retail Sales
Artificial Intelligence
Municipal Bonds
Wage Growth
Economic Indicators

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

PublishesMonthlyEpisodes141Founded9 years ago
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Artwork for Talking Markets

Latest Episodes

Jeff Schulze of ClearBridge Investments joins host John Przygocki to assess recession risks, energy price shocks, market volatility, and investor concerns from AI and labor trends to private credit and market concentration. Schulze also explains why ... more

Brian Freiwald of Putnam Investments joins us to discuss the nature of emerging markets and how their behavior differs from the US equity market. He offers his views on the reasons to allocate to emerging markets, including insights on specific compa... more

Our host, John Przygocki, sits down with ClearBridge Investments' Jeff Schulze to assess the US economic outlook, evolving recession risks, and the market implications of escalating geopolitical tensions. The conversation spans inflation dynamics, th... more

We sit down with guests Rick Polsinello from the Franklin Templeton Institute and Ben Barber of Franklin Templeton Fixed Income to discuss the US economy and the municipal bond market in 2026. They cover why they view the economy as resilient, some k... more

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Recent Guests

Brian Freiwald
Portfolio manager of Putnam's emerging market equity strategies
Putnam Investments
Episode: The opportunity in emerging markets today
Jeff Schulze
Head of Economic and Market Strategy at ClearBridge Investments
ClearBridge Investments (Franklin Templeton subsidiary)
Episode: Anatomy of a Recession Update: Geopolitical conflict and the US economy
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
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 with Franklin Templeton Global Marketing Organization; long-term fixture on the show.
Jeff Schulze
Head of Economic and Market Strategy; frequent macroeconomics guest.
Ben Barber
Head of Municipal Bonds; muni market expert.

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 Kingdom6 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.

Listeners appreciate the practical market insights and senior-leader perspectives.
Some critique the length of disclaimers but value the depth of macro analysis.
Audio quality can be uneven across episodes; content is strong.

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Talking Points

Recent interactions between the hosts and their guests.

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.
The opportunity in emerging markets today
Q: Why should investors today consider allocating to emerging market equities?
EM offers a combination of faster earnings growth, improving margins, and supportive valuations; EM earnings are recovering from a low base and are expected to outpace US earnings over the next couple of years, supported by faster EPS growth and relatively attractive dividend yields, making EM a potentially superior risk-adjusted choice across cycles.
The Opportunity in Municipal Bonds in 2026
Q: From your vantage point leading the muni bond business, can you share your outlook for municipal bonds in 2026 and how you see the opportunity
Ben outlines an opportunity-rich muni market driven by a steepening yield curve, continued allocation into tax-exempt munis versus taxable alternatives, and the importance of open-end funds, ETFs, and SMA formats to capture different investor needs
The Opportunity in Municipal Bonds in 2026
Q: Ben, let me bring you into the conversation. Do you agree with Rick's enthusiasm for the muni sector and outlook?
Ben confirms the positive 2025-2026 setup, emphasizing tax-aware strategies, diversification, and the role of munis across formats as core to client portfolios.

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 macroeconomics, asset allocation, and fixed income strategies, with frequent deep-dives into interest-rate dynamics, recession risks, and the role of technology (notably AI) in investing. Guests are senior investors and strategists from Franklin Templeton and ClearBridge Investments, who share actionable takeaways for portfolio construction, market timing, and sector opportunities, often tying macro themes to practical formats and investment vehicles. A notable pattern is the blend of broad economic forecasting with specific market signals (e.g., munis, tech earnings, AI capex) and a willingness to contrast policy impacts with real-world asset behaviors across cycles. A standout aspect is the emphasis on practical format... more

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

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