Income investing in a deleveraging world
Bond markets in Europe and emerging markets face a host of challenges in the years ahead.
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Bond markets in Europe and emerging markets face a host of challenges in the years ahead.
Uncertainty remained high in the fourth quarter of 2011 as the large macroeconomic challenges that dominated headlines throughout the year continued to weigh on investor confidence. Treasury rates in the United States declined slightly amid solid demand, while discussions over reducing the size of the federal deficit continued to take center stage heading into the
Market volatility and other factors influenced positioning of Putnam Diversified Income Trust.
Putnam Short Duration Income Fund’s Portfolio Manager Michael Salm explains the objective of the fund.
We believe the sell-off in high-yield bonds actually represents an investment opportunity.
Despite a weak housing market, asset-related securities can offer attractive fundamental value.
The third quarter of 2011 was the worst for stocks and other so-called “risk assets” since the financial crisis unraveled markets in 2008. Following the supply chain disruptions caused by the disasters in Japan, already cautious investors were confronted by a series of negative headlines: the threat of political impasse surrounding attempts to raise the
In today’s post-housing bubble environment, the long-awaited recovery has failed to build a solid foundation. The high unemployment rate, declines in household income, and significantly tighter credit conditions have left both existing and new home sales close to recessionary levels in the United States.
With its meteoric rise to become the world’s second-largest economy, China is an engine of global growth and is currently expanding much faster than developed nations still struggling to recover from the recession. Although today China is facing headwinds such as nagging inflation, Putnam sees investment opportunities in many industry sectors.