Garrett L. Hamilton, CFA
Portfolio Manager
Mr. Hamilton is a Portfolio Manager in the Tax Exempt Fixed Income group. He is responsible for managing a number of Putnam's single-state municipal bond and tax-exempt income funds, including Putnam Short-Term Municipal Income Fund and Putnam Intermediate-Term Municipal Income Fund. He joined Putnam in 2016 and has been in the investment industry since 2006.
Closed End Funds |
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| Managed Municipal Income Trust | ||||
| Municipal Opportunities Trust | ||||
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.
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.
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.
Covid-related labor imbalances complicate Fed's inflation fight
Demographic shifts and labor imbalances might have disturbed consumption-saving decisions that impact inflation.