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Publication Date: July 2026

The Price of Admission: Further equity upside comes with a cost—volatility

Resilient earnings, improving industrial activity and the AI investment cycle should continue to support equities, according to Putnam Equity’s Shep Perkins. But the same forces driving the market higher are also making companies harder to value.

The Price of Admission: Further equity upside comes with a cost—volatility

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PIEI-0726

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