Anatomy of a Recession Update: AI and the labor market

from Talking Markets with Franklin Templeton

In this episode, our host John Przygocki and ClearBridge Investments' Jeff Schulze examine the state of the US economy following the end of the government shutdown and amid ongoing debates about the impact of artificial intelligence on employment. They cover key themes such as labor market stability, the potential for further Fed rate cuts, and the surge in capital spending by major technology firms. Jeff also shares his outlook for equity markets, highlighting why he thinks diversification and active management may hold an edge in 2026.

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This episode is 27 minutes long.

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This episode was published on December 12, 2025.

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