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
The move underscores Nuveen's conviction in the continued growth of direct indexing and multi-asset tax-managed solutions, which have been one of the fastest growing areas of the asset management industry, having risen to $864 billion in assets at the end of 2024, representing a 43% compound annual growth rate since the start of this decade.
Recent developments suggest a shift in sentiment as Wall Street begins to see renewed potential in the world’s second-largest economy.