Analysis of evolving market themes.
U.S. labor market — 55 is the new 65
Following broad-based recovery in the labor market when the economy initially reopened in 2020, the labor force participation rate has stagnated and started to diverge.
State financial health adds to muni appeal
State financial health has improved as tax receipts rebound and states receive sizable federal aid.
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.
As of May 14, 2021, the United States Postal Service is unable to deliver mail to the following countries or territories: Azerbaijan, Brunei, Cuba, French Guinea, Guadeloupe, Liberia, Panama, Republic of the Congo, Reunion (Bourbon), Saint Pierre and Miqueolon, Samoa, Sierra Leone, South Sudan, Tajikistan, Timor-Leste, Turkmenistan, Turks and Caicos, and Yemen. For a current list in international mail service suspensions, click here.
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