Franklin Templeton’s Perks on Recession, Corporate Credit, U.S. Dollar, Fed

The transcript discusses the increasing probability of a recession and its impact on markets, emphasizing the need for defensive portfolio strategies. It explores risks in the corporate credit space, particularly in non-investment grade sectors. The discussion also covers the potential effects of economic scenarios on the dollar, interest rates, and inflation, highlighting the role of tariffs. Finally, it addresses challenges in the Eurozone, including Brexit and domestic issues, and their interaction with US monetary policy.

What are the potential risks associated with non-investment grade corporate loans?

What are the implications of a strong dollar in the context of a trade war?

How does the speaker assess the overall economic conditions and their impact on investment strategies?

What sectors are mentioned as performing well in the current market conditions?