Joanne M. Driscoll, CFA
Head of Short Term Liquid Markets
Ms. Driscoll is the Head of Short Term Liquid Markets in the Fixed Income group. She is responsible for the
oversight of the investment strategies and management of short duration products along with SEC Rule
2a-7 mandated portfolios and other cash assets. Ms. Driscoll also oversees Putnam's Trading Operations
team. She is a Portfolio Manager of Putnam Government Money Market Fund, Putnam Money Market
Fund, Putnam Short Duration Bond Fund, Putnam Ultra Short Duration Income Fund, and Putnam ESG Ultra Short ETF.. Ms. Driscoll is a member of the Putnam Benefits Investment Committee. She joined Putnam in 1995 and has been in the investment industry since 1992.
ETFs |
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| Putnam ESG Ultra Short ETF |
More from the Fixed Income team
Sector views
Fixed income markets experienced widespread declines in the U.S. and globally in the third quarter of 2022, as inflation remained high and became more broad-based.
The Fed walks a line between inflation and financial stability
Given the fragilities in financial markets, the Fed will likely move cautiously in monetary tightening to fight inflation.
Will interest rates go down?
Our base case for our strategy remains that a recession will wipe out excess savings, and the relatively low interest-rate environment will return.
U.S. recession outlook as China reopens
We outline possible scenarios for inflation and recession in the year ahead and how global forces play roles.