ClearBridge Investments Q4 2025 Commentary

Rachata Amnataree/iStock via Getty Images “Party like it’s 1999” is a phrase made famous by the musician Prince’s 1982 song, which experienced a renaissance amid Y2K fears and has since entered the lexicon meaning to celebrate intensely because the future is uncertain. The phrase seems apt to describe the current investment landscape, given the similarities between the late 1990s dot-com bubble and today. These include lofty valuations, strong market momentum and a focus on growth stocks. However, we be ...