Putnam

Best Blogs of the Week #258

Posted by Anu Heda on Jan 23, 2017, in Best Blogs of the Week , tagged with ,

Last week ended with the 45th inauguration of an American President. The week was full of blog posts related to the new administration. Last week’s SSgA post kicked off the style and many other managers followed suit. Post types ranged from what to look out for to prognostications. Below are two of the higher impact posts.

AB – Trump and Asia: Now the Good News – The biggest impact in the short term is likely to be through reflation. Markets have quickly adjusted since the US election in anticipation of higher inflation, partly from Trump’s promise of fiscal measures, such as investment in infrastructure, to stimulate the domestic economy.

Putnam – Does the market rally really depend on Trump? – We see two forces at work in the rally: First, it reflects an improvement in nominal GDP since the middle of 2016, independent of the policy situation; and, second, it indicates optimism for the new Trump administration’s proposals for tax cuts, infrastructure spending, and regulatory easing.

Inauguration

Best Blogs of the Week #250

Posted by Anu Heda on Nov 14, 2016, in Best Blogs of the Week , tagged with , , ,

POTUS 45. There’s not much for me to say that hasn’t been written all over the Internet. From reading 50+ blog posts related to the election, I can affirm asset managers tread lightly with opinion. Asset managers are more comfortable with sharing the news. With that in mind, four excellent posts.POTUS

Loomis Sayles – A Trump White House: Potential Market Impacts of the US Election – Trump’s proposals are structurally inflationary, but which measures will get passed and implemented is a large unknown.

M&G – President-elect Trump. 5 predictions on what happens next in the global economy and markets – Trump may not build a wall. But even if he does, it won’t keep the robots out.

Putnam – What we might expect with a Trump administration agenda – Trump does not have any specific plans to change Social Security or Medicare. He opposes any increase in the retirement age and would oppose raising the wage base for the Social Security payroll tax.

Russell – U.S. elections 2016: Trump wins White House. Markets react. – So we don’t see this election as having a lasting impact on markets.

blog posts

Best Blogs of the Week #222

Posted by Anu Heda on Mar 14, 2016, in Best Blogs of the Week , tagged with , ,

Three blog posts this week including big data, intergenerational wealth transfer, and high yield. All three are critically important for financial advisors today and thus important for the companies serving them.

AB – Tuning Out the White Noise in High Yield – This isn’t 2008 all over again. The recent sell-off looks a lot more like what the market endured in 2002.

BlackRock – What Big Data Can Tell us about the Economy– Rather than relying on a few anecdotal bits of evidence, big data allows us to measure exactly how much more frequently words like “recession” have crept back into use.

Putnam – Making inroads with the next generation – The biggest obstacle to retaining assets passed to heirs is a lack of relationship.

(Image from aforementioned BlackRock blog post)

Best Blogs of the Week #211

Posted by Anu Heda on Dec 14, 2015, in Best Blogs of the Week , tagged with ,

Two posts stood out today as they both simplify concepts that can be opaque or difficult.

Putnam – Shedding Light on Alternatives – The four objectives that we have identified, like the efforts of rating agencies such as Morningstar and Lipper to define categories for comparative purposes, help to make the world of alternatives a little easier to navigate.

Vanguard – The Returns Roller Coaster –  Vanguard Investment Strategy Group performed a simulated analysis of similar hire/fire behavior using the universe of active funds.