Principal Asset Management

Had an incredible opportunity to visit with CNBC Senior Personal Finance Expert Sharon Epperson, diving into how U.S. election-related uncertainties, global economic expectations, and investor responses are shaping the financial landscape. All through the lens of the Principal Financial Group Global Financial Inclusion Index. With less than 24 hours away from #ElectionDay, here are my three highlights: 1️⃣ Navigating the election climate is complex, but staying informed and steady is crucial. 2️⃣ Programs like SECURE 1.0 and 2.0 show how bipartisan policies can positively impact pension security, proving that collaboration works—no matter the political climate. 3️⃣ Campaign rhetoric can create anxiety and uncertainty. As 2025 nears, let’s hope we move away from campaign rhetoric and toward constructive policy conversations designed to aid financial stability. A huge thank you to Sharon for such an insightful conversation.

My latest column for the Sunday Times looks at why the luxury sector is facing an uphill battle for growth in Europe. From high fashion to automotive, consumer spend in the continent is waning. Can Europe ever compete with the US? Read more here:

The market dynamics today favor the real estate credit market. Hear Kevin Catlett explain what’s taking place and the impact for investors. http://ms.spr.ly/6047WuqTV

The Fed’s long-awaited pivot in rates finally happened. When combined with slowing growth and cooling inflation, it paints a promising picture for bond markets. See where we’re currently finding opportunities in our 4Q 2024 #FixedIncome perspectives. 🔗 http://ms.spr.ly/6044m0Azy

As investors position themselves in international #equities, they do so amid healthy corporate balance sheets, attractive fundamentals, and constructive fiscal and monetary policies. These facets should underpin earnings growth and drive market sentiment. But challenges and risks persist, so investors need to be selective in their approach. 🔗 https://lnkd.in/dDsw63wU

October is National Women’s Small Business Month – an occasion to celebrate the remarkable achievements of women entrepreneurs, and the perfect opportunity to recognize the female financial professionals in our region. We are proud of their accomplishments and all they do for their communities. #womeninfinance #womenentrepreneurs #womenowned

Hear from our CIO and Global Head of Fixed Income, Michael Goosay, on some of the themes most likely to impact fixed income markets and portfolios for the remainder of the year. For our full bond market views, read our 4Q Fixed Income Perspectives: 🔗 http://ms.spr.ly/6040WOMDM

My latest column for the Sunday Times delves into US treasuries and gold. Once seen as classic hedges, the two assets have been known to do the opposite of other markets. But their fortunes have diverged, with gold enjoying a meteoric rise as the cocktail of stubborn inflation, geopolitical risk, and de-dollarisation takes its toll. Read more here:

Hear from Kerry Studer about the state of #privaterealestate markets. 🔸 Sentiment is positive, with most investors expecting allocations to private real estate to increase or stay neutral in the next year. 🔸 The Chinese government is playing an active role in supporting the real estate market recovery, emphasizing the need for patience and perseverance. ➡️ Read here for more related insights. https://lnkd.in/etgqhzym

What a thrill to celebrate the fastest-growing private companies in America last week at the #Inc5000 Conference. We brought a great crew from Principal. From Jerry, who attended for the 21st time, to Renee, who was a first-timer. We celebrated. 🎉 We connected. 🤝 Most of all, we learned new ways to think about business from so many different leaders across all kinds of industries. We’re proud to say that their growth is our business. Learn more about how we help businesses with retirement, benefits and investments. Principal.com/SMB Inc. Magazine