Fed actions create a long-term opportunity
We believe fiscal stimulus will lead the Fed further down the tightening path, and could potentially create long-term opportunity.
Putnam Perspectives
Research insights from active investors
China’s quest for artificial intelligence
China's hardware tech companies are embracing artificial intelligence, including self-driving cars and surveillance, as the government promotes AI hubs.
The broader meaning of a better earnings harvest
We believe the earnings recession in 2015 and the first half of 2016 marked the beginning of a new earnings cycle.
Sustainable investing: Assessing the choices
Sustainable investing is growing in popularity, and investors should be thoughtful about choosing from a range of strategies and portfolios.
Interest-rate risk is elevated
Gains in employment may herald greater rate risk, giving investors reason to consider income opportunities outside of traditional bond benchmarks.
Are international stocks truly cheap?
On the surface, U.S. stocks appear more expensive than international stocks, but a quantitative comparison reveals the impact of sector valuations.
Why we feel recession talk is premature
The yield curve and Leading Economic Indicators are two effective recession indicators that offer insights on potential opportunities and risks ahead.
The value opportunity
If earnings grow as expected, value stocks may have an edge over growth stocks in 2018.
Munis feel knock-on effects of tax reform
The municipal bond market will likely see a reduction in supply in 2018 because of certain provisions in the new tax reform law.