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Analysis of evolving market themes.

Expect a pause, not a pivot, as savings fuel spending

In the coming months, the Fed will not likely pivot, but pause and wait with a high level of rates for convincing signs of disinflation.

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High job openings signal wage-price spiral

Limited labor supply, higher wages, and a high staff turnover seems to have initiated a wage-price spiral.

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Economic Update for November 21, 2022

Highlights of key economic statistics from last week compiled by Putnam Investments.

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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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