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Putnam Perspectives: Analysis of evolving market themes.

Does the market rally really depend on Trump?

The bullish case for stocks assumes that the Trump tax reforms and spending increases will be implemented, but Washington can be unpredictable.

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See the dove in the Fed's dot plot

The market sees a more hawkish Fed in the December 2016 rate hike, but we see see signs of a dove in the Fed's dot plot.

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Watch the euro as Italy votes

We are watching the referendum in Italy this weekend for yet another existential crisis for the euro.

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