Andrew C. Benson
|Putnam ESG Core Bond ETF|
|Putnam ESG Ultra Short ETF|
More from the team
Economic imbalances could mean deep recession or sticky inflation
A deep recession could have a significant impact on financial markets.
Fixed income markets experienced widespread declines in the U.S. and globally in the third quarter of 2022, as inflation remained high and became more broad-based.
Inflation demands Fed's focus as bank lending tightens
Even as bank lending tightens, the Fed may still need to keep rates high for longer to bring down inflation.
Be careful what you wish for
Fears of a U.S. recession are growing as credit delinquency begins to rise toward pre-pandemic levels. Explore the risk and realities of how a credit crunch could unfold.