Putnam’s investment professionals offer compelling analysis of evolving market themes.
Reasons for optimism about Europe
Co-Head of International Equities, March 27, 2015
Across Europe, we think structural change is leading to increasingly compelling opportunities for investors. Read more
Old thinking in China raises doubts
A recent public spending plan in China suggests authorities may be revisiting old habits.
Earnings reports offer new clues
Our outlook for earnings growth is a bit more cautious for the coming year.
Why the economy looks solid
Despite jittery global markets, we believe consumer and trade data point to a balanced and healthy U.S. economy.
Winners and losers of cheap oil
When an asset price collapses, the pain is quick and concentrated, but the benefits tend to be more widely dispersed.
Why low oil prices may last
Oil prices are often volatile, but we see some longer term factors at work on both the supply side and the demand side of energy markets.
Disaggregating the Aggregate Bond Index
The importance of the Barclays U.S. Aggregate Bond Index in the investment world might outweigh the attractiveness of its risk and reward profile.
Market surprises can favor the prepared
While companies strive to meet market expectations, it's often the unexpected changes in markets that can create opportunities for active managers.
The U.S. takes the policy road less traveled
The difference between U.S. and European economic growth trajectories may come down to policy paths taken or not taken.
Commodities may gain diversification potential
Oil and other commodities look unattractive from a return perspective, but their diversification potential may be improving.
Slumping world offers recovery potential
Europe and Japan, facing structural challenges, offer underappreciated recovery potential, even as emerging markets face new headwinds.
Wage growth is a test for Fed policy
Wage growth has been missing from the current recovery, but the conditions are in place to test whether this is a structural challenge for the Fed.
Wishing for a weak euro
We have concerns about the indirect approach of the European Central Bank as it seeks to use a weak euro to stimulate growth.
Mid-term elections can lift stocks
In the aftermath of U.S. mid-term elections, it is worth noting the performance of stocks during similar periods in history.
Keeping an eye on Europe's deflation risk
Should deflation emerge in Europe, it may pose a more difficult challenge today than in recent years.
October lows, then highs: Are stocks overvalued now?
Today’s equity landscape brings challenges and opportunities. Read our view on whether U.S. equities still have room to run.
Viewing securitized debt as an alternative
Putnam's fixed-income research finds opportunities in several sectors of the securitized market offer the potential for low correlations with other areas of the bond market.
Market outlook remains positive
Despite the end of QE3 and other sources of risk, Putnam's market outlook sees attractive potential in stocks and in our diverse fixed-income strategies.
Dollars tied to bond indexes face risk
2013 marked a watershed moment for index versus non-index sectors in fixed income. We see significant risk in the composition of the index.
Fed weighs addition to policy toolbox
The Fed may have a desire to switch to a different monetary-policy regime, one that would involve using a permanent balance sheet.
The views and opinions expressed are those of the speaker, are subject to change with market conditions, and are not meant as investment advice.