Garrett L. Hamilton, CFA
Mr. Hamilton is a Portfolio Manager in the Tax Exempt Fixed Income group. He is responsible for managing a number of Putnam's single-state municipal bond and tax-exempt income funds, including Putnam Short-Term Municipal Income Fund and Putnam Intermediate-Term Municipal Income Fund. He joined Putnam in 2016 and has been in the investment industry since 2006.
Closed End Funds
|Managed Municipal Income Trust|
|Municipal Opportunities Trust|
More from the Fixed Income 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.
The Fed walks a line between inflation and financial stability
Given the fragilities in financial markets, the Fed will likely move cautiously in monetary tightening to fight inflation.