Six facts about Dow 20,000

Six facts about Dow 20,000

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.

Market outlook remains positive

Market outlook remains positive

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.

Fear gauge dips, but volatility likely to return

Fear gauge dips, but volatility likely to return

With the ongoing European debt crisis, a slowdown in China’s economic growth, and concerns about a so-called “fiscal cliff” at the end of 2012 for the United States, market volatility jumped in the second quarter compared with the first. The Chicago Board Options Exchange Volatility Index (VIX), also known as the “fear gauge,” only recently

Pricing risk amid global policy impasse

Pricing risk amid global policy impasse

The unusual combination of challenges currently facing financial markets prompts investors to search for historic parallels. We find that today’s monetary and fiscal landscape looks a lot like that of Europe and the United Kingdom in the late 19th century. At that time, Europe had no effective monetary or fiscal policy with which it might