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PUTNAM INSTITUTIONAL FUNDS »
WEBCAST REPLAY | Securitized Investing: The Benefits of Income Diversification
Putnam's Co-Head of Fixed Income, Michael Salm, and Senior Investment Director Michael Wands, CFA discuss how this less-understood sector has changed substantially since the financial crisis and today deserves a reappraisal.
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THE MACRO REPORT  |  JUNE 2017

Calm before the storm

Calm before the storm

In the United States, the economic cycle may be coming to its natural end. What happens next may be a deepening of global risk.

Inflation eases
Rising quits, stagnant wages
The new consensus trade
Putnam Global GDP Nowcast
Growth held steady in May
▲3.84%
Putnam Global Risk Appetite Index
Risk appetite remained healthy in May

Risk

CURRENT VIEWS

International

Why Brazil's crisis creates new concerns

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WEEKLY GLOBAL ECONOMIC UPDATE

July 24

Highlights of the past week, from central bank policies to trade and currency trends.

Central bank policy:

EUROZONE: The European Central Bank decided to maintain its benchmark interest rates.

See full update

MARKET OUTLOOKS

Most recent

Fixed Income Outlook  |  Q3/2017

Europe plays catch up

Equity Outlook  |  Q3/2017

Positive fundamentals may be tested by policy uncertainty

Capital Markets Outlook  |  Q3/2017

The Fed may be ahead of the curve

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