Robert L. Davis, CFA
Portfolio Manager
Mr. Davis is a Portfolio Manager on the Portfolio Construction team within Fixed Income, focusing on
developed and emerging market currencies and interest-rate markets. He is a Portfolio Manager of
Putnam Diversified Income Trust, Putnam Global Income Trust, Putnam Master Intermediate Income Trust, and Putnam Premier Income Trust. Mr. Davis is responsible for analyzing market and macroeconomic data, developing quantitative models, and recommending global macro and relativevalue positions.
Previously at Putnam, Mr. Davis served in various roles of increasing responsibility, including as an Analyst and a Portfolio Associate. He has been in the investment industry since he joined Putnam in 1999.
Closed End Funds |
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| Master Intermediate Income Trust | ||||
| Premier Income 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.