New Fed Chairman Jerome Powell gives investors confidence that he will protect everyone’s economic and financial successes. However, will President Trump allow Powell to have our best interest in mind? The direction of interest rates, asset values and financial regulation rest with Jerome Powell. Read the full article at wealthadvisorstrust.com
While most fixed-income strategies face declining yields as rates fall, the Principal Spectrum PREF ETF demonstrates how preferred securities with reset features can deliver rising income. Growing from $25 million to $1.2 billion, the strategy’s exclusive focus on institutional preferreds with floating or fixed-to-reset coupons has increased its average coupon from 4.9% to 5.5%. With 60% of holdings facing resets by 2027, this active strategy offers advisors a rare solution for potential income growth regardless of rate direction.
Gold (GC=F) prices, already at record levels, are likely headed higher as rate cut expectations grow and Fed independence comes into question.