• 3 days ago

Despite eye-catching GDP swings this year, much of the volatility likely reflects statistical noise from how imports are counted. In our view, the real story is that economic growth is steady but l...

By Western Asset In Macro, Equities

• 4 days ago

As most states closed out fiscal year 2025 last month, here we review the health of state budgets heading into the new fiscal year.

By Western Asset In Macro, Equities

• 9 days ago

While sales held steady in June, a rising number of unsold homes and persistent affordability issues signal that builders may soon tap the brakes on new construction.

By Western Asset

• 10 days ago

In June, fixed-income markets responded positively to softer inflation and labor data, as global geopolitical tensions contributed to a flight-to-quality sentiment.

By Western Asset In Fixed Income, Macro

• 11 days ago

This week we highlight the elevated New York muni issuance of last week, which supports higher income opportunities within the state.

By Western Asset In Fixed Income, Equities

• 15 days ago

This week we highlight implications from the final Big Beautiful Bill legislation signed by President Trump on July 4.

By Western Asset In Macro

• 16 days ago

Emerging market corporate bonds are currently offering attractive returns and showing resilience in 2025, with metals & mining and Europe leading gains despite ongoing global trade and geopolitical...

By Western Asset In Emerging Markets, Fixed Income, Commodities

• 17 days ago

Despite a new 50% copper import tariff expected by August 2025, core copper fundamentals remain strong, with resilient demand and stable long-term supply outlooks.

By Western Asset In Commodities, Macro, Portfolio Construction

• 23 days ago

Trump’s proposed 50% tariff on Brazilian imports appears primarily political, with limited direct economic risk but potential implications for US-Brazil trade relations and a possible boost to Pres...

By Western Asset In Emerging Markets, Macro