Asset Allocation
Putnam: Why Inflation May Help the Stock Market
If the CPI stays below 6%, equities gain, but a 1970s surge is harmful to them, the firm calculates.
If the CPI stays below 6%, equities gain, but a 1970s surge is harmful to them, the firm calculates.
The outlook for profits, valuations and the Fed are dispiriting, says a study from the asset manager.
In midterm election years, it’s the worst, and in other times it’s no prize either, says LPL’s Detrick.
However, funded levels are likely to be lower in March as Russia’s invasion of Ukraine roils markets.