G. Scott Clemons Managing Director
New York

Scott Clemons joined Brown Brothers Harriman in 1990 and has held a variety of investment roles at the firm since that time. His career began in international equities, where he was an analyst and portfolio manager of European and Asian equities, working out of the firm’s New York and London offices throughout the 1990s. In 2001 he broadened his responsibilities into domestic equity management and research, and from 2005 through 2010, he managed the New York office of the firm’s Investment Advisory business. Mr. Clemons was appointed Chief Investment Strategist in 2010 and is today one of the firm’s primary writers and speakers on topics related to the economy, financial markets and investing. Mr. Clemons is a Chartered Financial Analyst and a member of the New York Society of Security Analysts and the CFA Institute. Outside of his professional interests, he serves on advisory boards at the Morgan Library and Museum in New York and the Getty Research Institute in Los Angeles. He is a director of the Grolier Club in New York and chairs the Friends of the Princeton University Library. Scott also serves on the Board of Directors of the Research Corporation for Science Advancement, the oldest foundation in the United States dedicated to basic scientific research. Born and raised in Florida, he is a magna cum laude graduate (Classics) of Princeton University.

Market Commentary

A Brief History of Risk

Scott Clemons provides insight into the present and future of managing investment risk and return at BBH's NY Investment Seminar.
May 2014

Investing in Fixed Income in a Rising Interest Rate Environment

In this quarter’s feature article, Chief Investment Strategist, Scott Clemons, discusses the investment implications and psychology of investing in fixed income in a rising interest rate environment.
Quarter 2 2014

Spring Has Sprung

Chief Investment Strategist, Scott Clemons, reviews the markets over the first quarter of 2014 and discusses the economy as we emerge from an unusually long, cold and snowy winter.
Quarter 2 2014

Scott Clemons on CNBC's "Power Lunch"

Chief Investment Strategist Scott Clemons appears on CNBC's Power Lunch with Sara Eisen, offering views on the valuations, earnings and opportunity in emerging markets.
April 2014

Webinar Led by Chief Investment Strategist, Scott Clemons

As we enter the new year, a long awaited normalization of monetary policy is underway. Economic activity, although modest, has become more self sustaining. Corporate earnings are healthy, equity markets have rallied sharply, and Washington even seems to have entered a new phase of bipartisanship. Uncertainty is fading, and the pieces of the puzzle are falling into place, but what does the ultimate picture look like for investors?
March 2014

Scott Clemons appears on CNBC's "On the Money"

BBH's Chief Investment Strategist, Scott Clemons, weighs in on the state of the economy, Janet Yellen's recent testimony before Congress and Federal Reserve policy.
March 2014

The Personal View of Portfolio Management

In this quarter’s feature article, Chief Investment Strategist, Scott Clemons, examines the optimal approach to portfolio management: Balancing personal assets and liabilities.
Quarter 1 2014

The Best of All Possible Worlds?

Chief Investment Strategist, Scott Clemons, reviews the markets over 2013 and discusses some likely market drivers in 2014.
Quarter 1 2014

Scott Clemons on CNBC's Power Lunch

Chief Investment Strategist Scott Clemons appears on CNBC's "Power Lunch," where he discusses the market outlook for 2014.
January 2014

Scott Clemons on CNBC's Power Lunch

Chief Investment Strategist Scott Clemons appears on CNBC's "Power Lunch," weighing in on comments that the Dow Jones Industrial Average could reach 18,000.
November 2013

Countdown

With just hours left before the U.S. Treasury exhausts its ability to borrow and has to rely on cash flow to pay bills and service debt, Chief Investment Strategist Scott Clemons offers a primer on some of the basic questions surrounding the debt ceiling debate and its implications for financial markets.
October 2013

The Timex Market

Chief Investment Strategist, Scott Clemons, reviews the economic and political environment, Fed policy and the nomination of a new chairman and the market performance over the last quarter.
Quarter 4 2013

FundFire: BBH Doubles Down on High Conviction Focus

Scott Clemons, Chief Investment Strategist of Brown Brother Harriman, discusses our investment platform, including our approach to asset allocation, third party manager selection and manager due diligence with Tom Stabile of FundFire.
September 2013

FundFire: Bet on Managers in Middle-Market Lending

Scott Clemons, Chief Investment Strategist of Brown Brother Harriman, speaks with Tom Stabile of FundFire about our value-oriented approach to investing, some current investment opportunities we are seeing in emerging equities and middle market private lending and the types of investment vehicles in which we invest.
September 2013

FundFire: BBH Looks to Add Senior Advisors, Offices

Chief Investment Strategist, Scott Clemons, sits down with Tom Stabile of FundFire to discuss the recent growth of Brown Brothers Harriman, as well as continued investments in the business and clients we work with.
September 2013

On Second Thought...

Chief Investment Strategist Scott Clemons analyzes the recent decision made by The Federal Reserves to not initiate a widely anticipated tapering of monetary policy and how it has impacted the market.
September 2013

In the Long Run: the Ingredients of Economic Prosperity

Chief Investment Strategist, Scott Clemons, examines the factors that affect long-run economic growth and the future prospects of the U.S. economy.
Quarter 3 2013

A Midsummer Night’s Update

Chief Investment Strategist, Scott Clemons, reviews the Fed's eventual monetary policy changes, upcoming political decisions facing Congress and the market and economic performance over the last quarter.
Quarter 3 2013

Scott Clemons on CNBC's "Squawk on the Street"

Chief Investment Strategist Scott Clemons appears as a guest on CNBC's "Squawk on the Street.," where he discusses corporate earnings, valuations, the investment opportunity in emerging market equities and recent volatility.
June 2013

A Panic Without a Crisis - Emerging Markets Revisited

Chief Investment Strategist Scott Clemons analyzes recent developments in emerging markets in an effort to draw a distinction between fundamental changes in the case for investing in the asset class and the price volatility that typically accompanies it.
June 2013

On the Science and Art of Tapering

Chief Investment Strategist Scott Clemons discusses the recent Federal Open Market Committee meeting and how economic stabilization may lead to the Fed moderating its current pace of asset purchases.
June 2013

Scott Clemons Interview on CNBC

Chief Investment Strategist Scott Clemons is a guest on CNBC's "Squawk Box," where he discusses the U.S. equity market with Andrew Ross Sorkin and Joe Kernin.
May 2013

BBH Investment Advisory Webinar: Spring Has Sprung...An Update on the Economy and Financial Markets

Chief Investment Strategist Scott Clemons leads a quarterly webinar series in which he provides an outlook on the global economy and financial markets, as well as how BBH is continuing to uphold our principles of investing.
May 2013

Weighing the Risks and Opportunities: Corporate Earnings, Margins and Valuations

Chief Investment Strategist Scott Clemons and Thomas Martin, a member of our Investment Strategy team, examine the drivers of the U.S. equity market rally, current valuations and the risks facing continued market growth.
Quarter 2 2013

And We’re Off…

Chief Investment Strategist Scott Clemons reviews recent tax law changes, political activity, the economy and markets in the first quarter of 2013.
Quarter 2 2013

A Busy Week in Politics

Chief Investment Strategist Scott Clemons discusses Congress' passage of the new Continuing Resolution, which funds government operations through September 30, as well as the 2014 budget proposals.
March 2013

March FOMC Meeting

Chief Investment Strategist Scott Clemons discusses the recent Federal Open Market Committee meeting which covered the health of the economy and the continuation of easy monetary policy.
March 2013

All You Ever Wanted to Know About Cyprus

Chief Investment Strategist Scott Clemons discusses the Cypriot banking crisis, as well as the European Union bailout proposal.
March 2013

Turning Corners

Chief Investment Strategist Scott Clemons discusses the drivers of GDP and factors that have contributed to growth in the current economic cycle.
February 2013

BBH Investment Advisory Webinar: What's In Store For The Next Four Years?

Chief Investment Strategist Scott Clemons leads a quarterly webinar series in which he provides an outlook on the global economy and financial markets, as well as how BBH is continuing to uphold our principles of investing.
January 2013

What We Believe: BBH’s Principles of Investing

Chief Investment Strategist Scott Clemons and Chief Investment Officer Michael Kim detail BBH’s principles of investing and how to apply them in practice.
Quarter 1 2013

2012: The Year in Review

Chief Investment Strategist Scott Clemons reviews the markets over 2012 and discusses the performance of various asset classes, the American Taxpayer Relief Act of 2012, the debt ceiling and monetary policy, among other topics.
Quarter 1 2013

Let's Make a Deal

Chief Investment Strategist Scott Clemons outlines the key elements of the American Taxpayer Relief Act of 2012 as well as what unresolved fiscal issues remain for 2013. While the full impact of the Fiscal Cliff has been averted, more difficult issues remain and key debates on entitlement spending and raising the debt ceiling will be front and center on the legislative agenda for the 113th Congress.
January 2013

BBH Investors Roundtable

Chief Investment Strategist Scott Clemons leads a “roundtable” discussion featuring some of our most thoughtful professionals at BBH. Participants in the discussion cover a range of topics including taxes, interest rates, concerns for business owners, Europe, China, energy and housing.
Quarter 4 2012

Slip Slidin' Away

In the hours leading up to the Fiscal Cliff deadline, Scott Clemons writes a piece on the implications of going over the cliff.
December 2012

Climbing the Wall of Worry

Chief Investment Strategist Scott Clemons discusses the markets over the recent quarter, focusing on the actions of the Fed and other central banks, as well as the strength of corporate earnings.
Quarter 4 2012

Scott Clemons Interview on WSJ Live

Chief Investment Strategist Scott Clemons discusses the role of liquidity within asset allocation, tips for avoiding the pitfalls caused by uncertainty in the markets, and the risk of inflation on WSJ Live.
July 2012

Why Bad Decisions Happen to Good People: Investment Implications of Behavioral Finance

Chief Investment Strategist, Scott Clemons, provides an introduction to the fascinating field of behavioral finance in the feature article, and the implications of behavioral biases throughout the investment world are a common thread in several of this issue’s articles. In early July, Scott had the chance to talk with Yale professor Robert Shiller about the macroeconomic consequences of behavioral biases, and excerpts from their conversation follow the feature article.
Quarter 3 2012

The Dog Days Of Summer

Chief Investment Strategist, Scott Clemons, reviews the ups and downs of the markets over the recent quarters and discusses how housing, the actions of the E.U., and Chinese growth have factored into that. Clemons also delves into the looming "fiscal cliff" facing the U.S., which could have serious implications on the markets in the future.
Quarter 3 2012

Seasons of Change

Chief Investment Strategist, Scott Clemons, reviews the ups and downs of the markets over the recent quarters, and discusses how political action and inaction at home and abroad has factored into that.
Quarter 2 2012

2011: The Year in Review

Equity markets ended 2011 on a strong note. As the economic concerns of the third quarter waned, the large cap S&P 500 index rallied 11.8% and regained all of the ground lost earlier in the year to end 2011 almost exactly flat with the prior year. By G. Scott Clemons, CFA
Quarter 1 2012

Markets: Déjà vu All Over Again?

Markets: Déjà vu All Over Again? If the past few months triggered in you a foreboding sense of déjà vu all over again, the reaction would certainly be understandable. Market sentiment has recently felt a little too much like 2008-09, as investors reacted to a volatile litany of economic data and events during the third quarter. By G. Scott Clemons, CFA
Quarter 4 2011

The Markets: Canaries in a Coal Mine

The U.S. economy quietly passed an important milestone in the fourth quarter of 2010, as Gross Domestic Product (GDP) recovered all of the ground lost during the economic downturn to achieve a new high point, in nominal as well as inflation-adjusted terms. In other words, not only is the Great Recession over, so is the recovery. By G. Scott Clemons.
Quarter 3 2011