Brendan T. Murray
Head of Global Investment Strategies
|Putnam Aggressive Growth Model|
|Putnam Growth Model|
|Putnam Balanced Growth Model|
|Putnam Conservative Growth Model|
|Putnam Balanced Income Model|
|Putnam Income Model|
More from the Asset Allocation team
Russia's invasion of Ukraine may stop the string of more moderate business cycles since 1982 and raise the risk of recession.
Our outlook for stock market volatility sees the levels reached in 2018 continuing, in part because these levels were close to the long-term norm.
Evidence of higher savings rates by plan participants make it reasonable to consider lower equity allocations across the glide path of target-date funds.
Longevity risk — the possibility outliving one's money in retirement — is a genuine risk, but data suggests that many people overestimate its likelihood.