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Putnam Perspectives

Jason R. Vaillancourt, CFA

Japan's reforms face moment of truth

By Jason R. Vaillancourt, CFA, Co-Head of Global Asset Allocation

4/23/2014 – Regarding Japan, we have expressed optimism in recent quarters about the potential economic gains from Prime Minister Abe's reform program. In 2013, the government and the Bank of Japan unleashed a combination of expansionary policies focused on stimulating economic activity and weakening the yen to give Japanese exporters greater global competitiveness. Results so far have been mixed and, after an initial spurt, the economy has stumbled a bit. Japanese stocks, after leading the world in 2013, ... More

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Economic and market updates
for April 21, 2014

  • The Core CPI edged higher
  • The Dow gained 2.4% for the week
  • A gauge of consumer sentiment fell

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Report recap:

Third-quarter GDP increased 2.7%, according to the second estimate released by the Department of Commerce. In September, home ... More

Putnam Institute

Papers exploring investment theory and practice led by W. Van Harlow, Ph.D., CFA, of Putnam's Global Asset Allocation Group.

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