Wage growth has been missing from the current recovery, but the conditions are in place to test whether this is a structural challenge for the Fed.
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We have concerns about the indirect approach of the European Central Bank as it seeks to use a weak euro to stimulate growth.
In the aftermath of U.S. mid-term elections, it is worth noting the performance of stocks during similar periods in history.
Get the bigger picture of Putnam's views and insights.
Should deflation emerge in Europe, it may pose a more difficult challenge today than in recent years.
Today’s equity landscape brings challenges and opportunities. Read our view on whether U.S. equities still have room to run.
Putnam's fixed-income research finds opportunities in several sectors of the securitized market offer the potential for low correlations with other areas of the bond market.
Despite the end of QE3 and other sources of risk, Putnam's market outlook sees attractive potential in stocks and in our diverse fixed-income strategies.
2013 marked a watershed moment for index versus non-index sectors in fixed income. We see significant risk in the composition of the index.
The Fed may have a desire to switch to a different monetary-policy regime, one that would involve using a permanent balance sheet.