Economic Imbalances Could Mean Deep Recession Or Sticky Inflation
ABOUT THE AUTHOR A member of Putnam’s Fixed Income team since 2007, Onsel Gulbiten analyzes macroeconomic issues, including inflation, interest rates, and policy developments. With a recession in the next 12 months likely, we consider how deep a downturn could be, as its severity could result in different policy responses. Recessions tend to correct excesses […]
John Hancock: Weekly Market Recap Week Ended June 2
Debt ceiling breakthrough Financial market fears of a potential U.S. credit default were lifted as the House of Representatives and the Senate approved an agreement to lift the government’s debt ceiling for another two years. The measure was sent to the White House to be signed into law in advance of a June 5 […]
LPL: Treasury Yields During Recessions
Key Takeaways: At the same time as the old saw often attributed to Mark Twain goes, history doesn’t repeat but it often rhymes. (There’s little evidence that Twain originated the quote, but if you have to guess where a quote comes from, after the […]