100% of Putnam global asset allocation funds beat their Lipper category medians over all periods as of 12/31/14.

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Source: Lipper. Three of three Putnam global asset allocation class A funds. Based on total returns before sales charge over 1-, 3-, 5-, and 10-year periods. Rankings for other periods will vary. Past performance does not guarantee future results.

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Putnam Perspectives: Analysis of evolving market themes.

Why the economy looks solid

Despite jittery global markets, we believe consumer and trade data point to a balanced and healthy U.S. economy.

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Winners and losers of cheap oil

When an asset price collapses, the pain is quick and concentrated, but the benefits tend to be more widely dispersed.

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Why low oil prices may last

Oil prices are often volatile, but we see some longer term factors at work on both the supply side and the demand side of energy markets.

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Disaggregating the Aggregate Bond Index

The importance of the Barclays U.S. Aggregate Bond Index in the investment world might outweigh the attractiveness of its risk and reward profile.

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