Clearbridge Legg Mason Anatomy Of A Recession — Sacred And Profane Peaks Island Maine

Host: So, it definitely sounds like the American worker is still in a position of strength. Can you remind us how that Recession Risk Dashboard works? Anatomy of a recession pdf. Facilitator's Bio: Corey Hardie is a Portfolio Specialist at ClearBridge Investments. Over the past five years, over 80% of mortgages went to super prime borrowers. The markets have been reacting positively for quite some time. I'm more in the camp that a four or five recession is going to transpire, and it really comes back to a Fed's reaction function that's going to be severely delayed compared to history.

Clearbridge Anatomy Of A Recession

Jamner said the dashboard uses a stoplight analogy to indicate how things stand. Yes, we're down from highs to 2. Workers clearly have the upper hand. So today we're seeing 2. Twenty minutes a day, five days a week, ready by 6 a. m. Jeff Schulze, ClearBridge Investments Webcast: Assessment of the market and economic impact of the coronavirus. And with the Fed hiking 75 basis points just a couple of weeks ago, we think the lagged effects of Fed tightening have yet to be felt in the economy, and that's going to weigh on growth prospects as we move into 2023. Maybe businesses, instead of doing CapEx [capital expenditures] or hiring someone, they pull back the reins and it becomes a self-fulfilling prophecy. Clearbridge investments anatomy of a recession. And as a reminder, initial jobless claims is in the Recession Risk Dashboard, usually the last domino to turn red, confirming that a recession has started. And the fact that we entered bear market territory over three months ago suggests that we're probably getting to a point for a really good long-term buying opportunity. And we got the jobs report here recently. He received a BA in History and Economics from the University of York. But it does give the idea to the immaculate slackening that I mentioned potentially becoming a reality.

Anatomy Of A Recession Pdf

Please note that this document (a) has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and (b) is not subject to any prohibition on dealing ahead of the dissemination or publication of investment research. Now, in thinking about job openings, one thing I like to look at is the number of job openings per unemployed. In fact, three of the four longest (and four of the six longest) expansions in history have played out over the past four decades. If you annualize it, average hourly earnings is running at a 7% clip, which is consistent with the other two major measures of wage growth. We hear how business fundamentals and valuations look right now. In Schulze's view, inflation will get worse over the next few months, but the increased levels will begin to moderate in a few quarters and eventually stabilize. Host: Jeff, your update last quarter predicted we'd drop to a yellow caution signal on the ClearBridge Recession Risk Dashboard. So you're going to have a delayed reaction function from the Fed, liquidity coming later. Inflation Will Eventually Stabilize To 2%, ClearBridge Says. But what I will say is that a lot of negativity has been baked into the markets and if we can just get back to the average recessionary selloff in the post-World War history, which is 30%, it doesn't mean that there's that much more downside to the markets from current levels. They are on the line there of a potential move. So we've been flirting with red territory for the last month or two, but we finally have moved it to a formal red signal.

Clearbridge Anatomy Of A Recession Dashboard

West Hartford | Local Event. Josh and Chuck have you covered. "By the middle part of the year, 10-year Treasurys will settle down and growth stocks will regain some of their underperformance, " he said. Stream ClearBridge 2023 Economic Outlook: Handicapping the Most Anticipated Recession Ever by ClearBridge Investments | Listen online for free on. US Financial Services Policies Shift to Rules, Regulations, and Executive Actions. Retail sales was very robust in the latest release that we got. So, we think that they are going to make those wage concessions. It's in a recession right now.

Clearbridge Investments Anatomy Of A Recession

And, where there could be opportunity at the shorter end of the yield curve. Now, the Fed knows that they need to create labor market slack or else they're going to repeat the sins of the late 1960s when that FOMC [Federal Open Market Committee] cut rates into a very tight labor market. Clearbridge anatomy of a recession. And if you've got any perspective on the current view—strength of the overall signal maybe? We've got transparency.

Based on your commentary, it seems like the probability of a pivot in the near future is pretty low. Fixed-income securities involve interest rate, credit, inflation and reinvestment risks; and possible loss of principal. So, you strip out that shelter component, and this is going to be something that's going to remain sticky because it has a very strong relationship with the labour market. ClearBridge Investments – Anatomy of a Recession. Three ended up in a soft landing.

Source for information on the Sacred and Profane festival at Battery Steele. "Murmuration" is the term for a plurality of starlings and their mesmerizing shapes in flight, and indeed, rehearsing an interpretation of Feist's "I Feel it All" recently, members of Murmurations spun themselves into many lovely forms, including gumdrop trees and descending spirals of birds. " 2017 Three group shows at Walker Terrace Gallery. Hui No'eau Visual Art Center in Makawao, Hawai'i. 2005Monkey Business, Ubu Studio Gallery, Portland, Maine. Sacred and profane peaks island park. Rearrange & Triple H (Home, Hearth, and Huso). I heard she came last year, loved the environment, and got a grant to create the above for this year's event. Today this reminder of the past provides sweeping ocean views (the Battery has no water access). Please email us to schedule an appointment. From 2009- 2012, I was a core member of The Celebration Barn Ensemble in Maine, building on Celebration Barn's tradition of original, physically based theater, the Celebration Ensemble was a collaboration between Amanda Huotari, Ian Bannon, Kavi Montanaro and Kelly Nesbitt. Sacred & Profane's 44th Season.

Sacred And Profane Peaks Island Resort

Paper Doll Militia was invited to present a performance installation for The Sacred and The Profane Festival in 2007 and 2008. The path from Seashore Ave. passes through a marsh and pond area lush with vegetation and teaming with wildlife, or the site can be accessed from the dirt Brackett Ave. where on-street parking may be available. Artists come and occupy the abandoned subterranean rooms with performances and sculpture. Juror), Maine College of Art, 2021 + 2022 Maine Visual Artist Emergency Relief Grant. 2019 Our Changing World. HISTORY OF BATTERY STEELE. Bacon, 31 Withers Street, Brooklyn, New York. Time to get back to the drawing board and finish another illustration for Maine Magazine. 8X8, Group Show, NOTCH8 Gallery, Portland, Maine, 2022. Notable exhibits of the past include musical performances, flame-juggling acts, and extensive displays of artwork. Tickets are $100, available online, and include a full meal of lobster, mussels, baked potato, corn on the cob, whoopie pies and the association's Maine Coast Monkfish Stew.

December 17 & 18, 2021 | 8 pm. Curated by Anastaci Pacella. Not easy to come back to earth after all the fantasy. Battery Steele was designed to be resistant to air attacks and was armed with heavy guns strong enough to replace all of the older defenses in the Portland Harbor (in combination with another new gun battery on Cushing Island. ) May 22, 2022 | 4 pm.

Sacred And Profane Peaks Island Park

Over time the space available to work becomes constricted and the bricks begin to stack on one another, eventually leaving no space left to continue and the wall is destroyed. 2017 Collective Current. Thanks to Galen and everyone else who helped organize a successful event! SORE LIPS IF YOU KEEP LICKING, photo book, first edition of 100, 2022. Watch a Murmurations Rehearsal under the direction of Kelly Nesbitt & Elizabeth Burd. 2010 BFA Fine Art, School of Visual Arts. We bought tickets and took the noontime ferry three miles out to Peaks Island. Half hidden beneath a thick brushy covering, it was hard to reconcile the sheer size of the battery once charged with the defense of Casco Bay. Wonderland, Whitney Art Works. The Wrap: Czech-style brewery opens in Biddeford and 2 orchards make Yankee’s list - Portland. Simply purchase a season pass and we'll hold your tickets for you at will-call for whichever date you prefer. Beat Hotel in Cambridge, Mass. Together in Time and Space.

SPACE Gallery moved into the bottom floor in 2002 and expanded into the annex space (the left storefront in the photo below) in 2011. Music makes our communities, and our communities make music. With composition by Denis Nye and performances by Keith Anctil, Jake Cote, Paul Haley, and Ellen White, produced by Hinge/Works. Photo of Battery Steele, by Reagle of Wikimedia Commons.

Sacred And Profane Peaks Island Maine

As we disembarked on the mainland, the clouds began to break and we parted with Michael, thanking him for his company as tour guide. By preserving these moments in time under glass, it s my hope that viewers will reflect on the tenuous and fragile nature of life. Sacred and profane peaks island riptide. A modern spoken opera that re-imagines the Persephone myth in the age of climate change. 2000Masters Influence, Montclair State University, Montclair, NJ. Two-person show with Niki Taylor. All proceeds will go to the association. 2006Living Mobile, Space Gallery, Portland, Maine.

It boasted unique stylistic details and personal touches yet puzzled out. Both Marty and our daughter are doing the Sketchbook Project, too. "We've had an excellent response to it so far. " Activities include a kid-friendly dinner, games, arts and crafts... Read more ». Sacred and profane peaks island resort. Fort Andross, Cabot Mill. Mixed-media and performing artist, arts administrator, and marketing professional. We'll explore the role music plays in our lives, whether by sparking our imaginations, connecting us to the unknown, or measuring the cycles of our world. We walked beneath the concrete monolith, feeling the weight of the walls around us, some of which exceeded two feet thick. 2017 Portland No Ka Oi: Painting between Maui and Portland. Text-to-speech Audio. Backstory and Context. From 2001-2013 I was a volunteer organizer/performer/collaborator for this annual underground performance arts festival held inside a 'Battery Steele' a military bunker built in 1942 on Peaks Island, Maine.

Sacred And Profane Peaks Island Riptide

We had an amazing time! Keep-up-to-date with COVID safety precautions here. 2018 Collasmic Rotation: Collage in the Modern Age. Traverso noted that Cayford owners Jason and Heather Davis have been reviving and adding to their heirloom apple trees on the 18-acre orchard since the 1990s, allowing the orchard to offer heirloom varieties alongside mainstream apples like Cortland and Honeycrisp. EAT WHERE YOU SLEEP, photo zine published with TWO FERN, edition of 30, 2017 NO NEW FRIENDS, self published zine with drawings and paintings, edition of 30, 2017 SPACE GALLERY Blog, Catching Up With Kindling Recipient Brian Doody by Katy Kelleher, June 2017 CRASH PALACE, photo and drawing zine, edition of 10, 2017 DISPATCH MAGAZINE, nightlife issue photo spread, August 2016 BURDEN, self-published photo book, edition of 200 (out of print), 2016. Battery Steele, now part of a 14-acre preserve, is stewarded by the Peaks Island Land Preserve (PILP) the island organization instrumental in successfully sheparding the site's application for National Registry designation. It began around 1999 by a small group of artists creating public installations in the Battery Steele and sharing food as a way to celebrate the changing of the seasons. I enjoyed a glass of unfiltered cider, pressed on site, at Cafe Derelicte. An oratorio exploring the human desire to move and be moved. Threatened by development, the Peaks Island community formed the Peaks Island Land Preserve to purchase the property to conserve as open space. THE CHART Anthology, Edited by Jenna Crowder, SCENE REPORT I-IV, Writing and photo, 2019 FEM, Edited by Nadia Prupis, no blood no bones no body, writing and photo, 2019 TOUCHING THE MOSS WITH YOUR NOSE, photo zine and screen printed cover, edition of 40, 2019 STINKY GREASY ASH, photo zine, edition of 40, 2019 COUNTRY REDEMPTION, photo zine, edition of 40, 2019 MOON'S CABIN by Catie Hannigan, photo and design for cover + back cover, published by Dancing Girl Press, 2019. 1997Senior Exhibition, Starbuck Center, Saratoga Springs, NY. The brewery has 28 seats in its dining area, with another 50 beer hall-style seats upstairs.

I chose tree houses as my theme, hoping to make progress on a book idea. Solo painting exhibit. We welcome you to our season with beautiful music honoring the celestial image of the angel. Intelligent Design, Whitney Art Works, Portland, Maine.

Rob took Hillary and I deep into the structure to explore the various rooms. This neon sign's message is animated by the word "on" flashing on and off at regular intervals, transforming an initially obvious statement into a reflective and philosophical inquiry.