From the US Market Desk: Now what?
by Chris Galipeau, Senior Market Strategist, Franklin Templeton Institute Macro Our real gross domestic product (GDP) growth rate…
The “Scarlet K”—A misleading consumption divergence story
The US outlook has been branded with a new scarlet letter: a K. The prevailing narrative describes a “K-shaped” economy overly reliant on consumption by high-income households. According to Franklin Templeton Fixed Income CIO Sonal Desai, that narrative is quite misleading. She notes that incomes have been rising broadly across the population and argues that the economy looks more resilient than the headlines suggest.
Stephen Dover: Are markets complacent?
When we asked some investors to rank their greatest economic fears, soaring oil prices topped the list. Yet equity markets have rebounded sharply and asset prices have snapped back, even as economic forecasters warn of mounting risks ahead. Are markets dangerously complacent or do resilient fundamentals support their optimism?
Macro Moments Weekly: Shock, suspense and interest rates
by Michael Browne, Global Investment Strategist, Franklin Templeton Institute There are two kinds of shocks in films. The…
On My Mind: Geopolitical shock meets structural trends
The Iran conflict is the headline—but deglobalization and innovation are the story. Franklin Templeton Fixed Income CIO Sonal Desai shares her perspective on the two structural shifts that she believes matter most right now: retrenchment in globalization and accelerating innovation. Both point to higher yields—plus more volatility ahead.
The Case for Core International Equity Exposure
Michael Greenberg, Head of Americas Portfolio Management at Franklin Templeton explains why international equities are no longer a tactical side bet, but a structural core allocation—and how disciplined portfolio construction is becoming the real source of durability
MIchael Browne: Spring is in the air (and in markets)
by Michael Browne, Global Investment Strategist, Franklin Templeton Institute Seven weeks into the US-Israel-Iran war and little has…
Quick Thoughts: A helpful ceasefire, but a fragile pause
The US-Iran ceasefire has lifted markets; however, Franklin Templeton Institute’s Stephen Dover explains why this looks more like a relief rally rather than a definitive resolution. He also discusses where he sees possible opportunities ahead.
Alternative Allocations: Infrastructure investing—growth, income and inflation protection in one asset class with guest Michael Bell, Meketa Capital
Michael Bell of Meketa Capital joins the Alternative Allocations podcast to explore why infrastructure investing is shifting from an institutional-only play to a foundational piece of the modern portfolio and what that means for today's market participants.
Stephen Dover: Iran ceasefire—A relief rally, not an all-clear
by Stephen Dover, CFA, Chief Market Strategist and Head of Franklin Templeton Institute at Franklin Templeton US President…
Macro Moments Weekly: Past the beginning but not near the end
Start your week with insight on global market news and perspective on what’s ahead.
Macro Moments Weekly: Thanks, central banks!
by Michael Browne, Global Investment Strategist, Franklin Templeton Institute Last week gave us a chance to compare and…
Rotation, momentum and geopolitical risk
In this month’s Allocation Views, healthy earnings growth is disguising a bifurcation that has resulted in particularly challenging earnings expectations for large-cap growth stocks in 2026.
Michael Browne: Inflation in the pipeline
by Michael Browne, Global Investment Strategist, Franklin Templeton Institute The outbreak of severe hostilities in the skies over…
Quick Thoughts: The book that built modern markets
Adam Smith enlightened the world on how nations create wealth, and Franklin Templeton Institute honors the 250th anniversary of Smith’s great work.
From US concentration to global opportunity—staying invested while preparing for volatility
As markets rotate to favor small caps and international equities, rising risks are likely to make investment discipline even more important for seizing opportunities, write Chris Galipeau and Lukasz Kalwak of Franklin Templeton Institute.