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Putnam Fixed Income Team

The ECB relies on smoke and mirrors

By Putnam Fixed Income Team

3/21/2014 – In Europe, slow growth appears likely to continue, with some regional differentiation. Signs of strength in the south Spain is doing much better than it had been just 18 months ago, and even Italy looks somewhat healthy now that its political crisis has passed. Importantly, fiscal pressure in the form of austerity programs is slated to ease somewhat this year. In a positive scenario, this could boost GDP growth, improve revenue growth for corporations, and result in ... More

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Economic and market updates
for April 14, 2014

  • Producer prices increased
  • The Dow lost 2.4% for the week
  • A gauge of consumer sentiment rose

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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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