Active Insights

Research-driven insights on global markets from Putnam's Capital Market Strategies team.

In this month's Investment Framework:

Inflation

Forecast for 2023 core PCE

3.25%

Economy

Real GDP forecast for 2023

United States

1% to 2%

Europe

–1% to 0%

Emerging markets

3% to 4%

Opportunities

  • Stocks of U.S. large-cap, high-quality companies with a growth bias
  • Emerging market equities
  • Municipal bonds and selective pockets of the corporate and mortgage credit markets

Research

Market performance when the Fed pauses

Read more »

Research

Rethinking fixed income allocations around the end of a Fed hiking cycle

Read more »

Research

S&P 500 Index, earnings, and P/E multiple performance during U.S. recessions

Read more »

Download our monthly Investment Framework for the views and opinions of Putnam's Capital Market Strategies team.

Chris Galipeau

Chris Galipeau

Chris is the Team Leader of the Capital Market Strategies team, communicating Putnam's active investment views to help them have a positive impact on client portfolios. He is a member of the of the CFA Society Boston and the Market Technicians Association.

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Rick Polsinello, Jr., CIMA

Rick Polsinello, Jr., CIMA®

Rick is a Senior Market Strategist on the Capital Market Strategies team, conducting economic and financial market research and sharing insights with Putnam clients.

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Taylor Topousis, CFA

Taylor Topousis, CFA

Taylor is an Capital Market Analyst on the Capital Market Strategies team, communicating Putnam's investment views and opinions to Putnam clients and generating new economic and financial market research for the team. He is a member of the CFA Society Boston.

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