Risk factor analysis shows that equity market sectors that act like “bond proxies” may be more sensitive to changes in interest rates than bonds themselves.
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What do higher rates mean after almost a decade of near-zero rates? It's time to reconsider risk in fixed-income portfolios.
Trump administration fiscal policy is expected to be similar to Ronald Reagan's measures, but economic conditions today are much different than in 1981.
Get the bigger picture of Putnam's views and insights.
The 20,000 milestone reached by the Dow Jones Industrial Average (DJIA) garnered major media attention, but that’s due more to the fame of the index.
The bullish case for stocks assumes that the Trump tax reforms and spending increases will be implemented, but Washington can be unpredictable.
Is the so-called January Effect a real opportunity for investors, or is it too well-known to be exploited? We offer a number of perspectives.
The market sees a more hawkish Fed in the December 2016 rate hike, but we see see signs of a dove in the Fed's dot plot.
We are watching the referendum in Italy this weekend for yet another existential crisis for the euro.
Today's unorthodox central bank policies have made negative interest rates more normal, with potential consequences for government bonds and the banking sector.