What November means for 2019
The events of November provide a fresh view of two key risks facing the economy in 2019 — a hawkish Fed and an escalation of the trade war.
Putnam Perspectives
Research insights from active investors
Posts from category: Outlook
Italy’s bank troubles challenge EU
Troubled banks in Italy pose a new challenge to the EU, one that has been compounded by the U.K.'s vote in favor of Brexit.
Constrained credit threatens growth
Stock market rallies often need to climb a wall of worry, and we see that wall getting higher.
New research road tests alternatives
New Putnam research offers insights to help to set performance expectations for alternative strategies under actual market conditions.
Don’t expect a “heads up” from the Fed
The Fed’s rate hike will probably come without warning.
Why the Fed might move in June
We think there is a possibility that the Fed could raise rates at just about any time, including between meetings.
Why low oil prices may last
Oil prices are often volatile, but we see some longer term factors at work on both the supply side and the demand side of energy markets.
Keeping an eye on Europe’s deflation risk
Should deflation emerge in Europe, it may pose a more difficult challenge today than in recent years.
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.