Legg Mason - How to Jump-Start Global Growth?

Summary

For every big macroeconomic theme there are winners and losers at the company level. Some will be buffeted by forces beyond their control, to the detriment of their success; others will remain masters of their destinies thanks to strong business fundamentals and innovative products. In fixed income, sensitivity to interest rates and credit quality of individual issues are major considerations given the potential future influence of fiscal and monetary policy changes on valuations.