Capital Markets Outlook

Get in gear for a rate increase

  • Greece's debt crisis is less a market issue than a geopolitical puzzle.

  • The Fed may act without warning, but the risk is tolerable.

  • Asset class diversification will remain attractive as Fed policy normalizes.

Download: Capital Markets Outlook (PDF)

  • Strategy
  • Market themes
  • Equity views
  • Fixed-income views
  • Commodities/Currencies

Asset allocations

Arrows in the table indicate the change from the previous quarter.

Source: Putnam research, as of 6/30/15. Past performance is not indicative of future results.