Watch the euro as Italy votes
We are watching the referendum in Italy this weekend for yet another existential crisis for the euro.
Tag: Putnam Capital Markets 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.
Why energy prices may stay weak
While energy consumption had been relatively stable in the developed world, supply has continued to expand.
Winners and losers of cheap oil
When an asset price collapses, the pain is quick and concentrated, but the benefits tend to be more widely dispersed.
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.
Like the weather, the economy should warm up
The polar vortex that spread across great swaths of North America several times this past winter numbed economic data. One way to understand the impact of winter is to analyze heating degree days. These calculations measure the energy consumption required to heat buildings and appear on the monthly utility bills of many homeowners. Based on
International markets rouse from their slumber
The global economy is finding new engines of growth in the developed markets. U.K. policy mix has improved In the United Kingdom, we see a balance of fiscal retrenchment and stimulative monetary policy, which is lending support to key sectors such as financials. This has contributed to the momentum of the country’s overall recovery as