Active Insights is a podcast series hosted by Chris Galipeau, Senior Market Strategist in the Capital Market Strategies group at Putnam Investments. In this role, he shares research-driven views on the global marketplace from Putnam's active investment teams. Each episode, Chris has an in-depth conversation with a different Putnam portfolio manager to share timely insights on the markets and global economy. For more information on Putnam Investments please visit Putnam.com. All opinions expressed by the podcast host or podcast guest are solely their own opinions and do not represent the opinion or views of Putnam Investments, or any affiliates, as a whole. This podcast is not investment advice and is not intended as a recommendation to buy or sell any type of securities. This podcast is also not a research report, nor is it intended to be used in such a manner. This podcast is for informational purposes only.