Putnam

Chris Galipeau, Senior Market Strategist of Putnam’s Capital Market Strategies group, recently spoke with Scott M. D’Orsi, CFA, a Portfolio Manager in Putnam’s Fixed Income group on the Active Insights podcast.

To say Russia’s invasion of Ukraine has changed the outlook for financial markets is a vast understatement.

We don’t expect the West to impose widespread sanctions in the event Russia invades Ukraine.

Oil prices have rocketed to seven-year highs due to supply disruptions, rising demand, geopolitical tensions between Russia and Ukraine, and the cold snap in the United States.

Companies are buying raw and intermediate goods at a record pace, which we believe will influence economic growth in 2022.