Analysis of evolving market themes.
Fed's quantitative tightening (QT) will face constraints
The Fed is pursuing QT while being careful to avoid market disruption. Compare scenarios for QT and markets in Putnam's Macro Report.
High rates and lower bank lending may lift BDCs
Tighter bank credit conditions may drive new growth opportunities for some business development companies (BDCs).
Temporary Mail Service Disruptions to Certain Countries Due to the Covid-19 Pandemic
Pursuant to the Security and Exchange Commission's Staff Statement Regarding Temporary International Mail Service Suspensions to Certain Jurisdictions Related to the Covid-19 Pandemic, Putnam Investments will be delaying mailings to affected shareholders. For a copy of the SEC's statement, click here.
The United States Postal Service is unable to deliver mail to certain countries or territories. For a current list of international mail service suspensions, click here.
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