Principal Asset Management

#Inflation continues to erode retirees' purchasing power, especially with rising healthcare costs. Hear from Mike Reidy on why it's crucial to focus on investments that can outpace inflation. https://lnkd.in/ezSRD9Ra

While investors are increasingly concerned about whether markets have peaked, bull markets don’t just die of old age. History suggests that the Fed plays an outsized role in determining market returns based on its monetary policy stance. While today’s macro environment doesn’t resemble previous market peaks, and there remains a path for further market upside, policy uncertainty poses a significant challenge to sustaining bullish sentiment.

Are U.S. equities nearing a peak? With valuations stretched and the Fed's next move uncertain, history offers valuable lessons. Our latest piece dives deep into what has historically ended bull markets—from aggressive Fed hikes to black swan events—and how today's macro environment stacks up. ➡️Read more: https://lnkd.in/gmKN2kR3

Surging data center demand is outpacing power supply, challenged by permitting delays and supply chain constraints.   #Developers are starting to adapt with: 🔹On-site generation 🔹Utility partnerships 🔹Strategic land development For more of our thoughts on how #datacenter developers are securing power, read our full perspective. https://lnkd.in/eQ4b37TH

January's #CPI came in hot, throwing cold water on hopes for early rate cuts. Supercore #inflation surged, wage growth remained strong, and shelter costs stayed sticky—raising the risk that the Fed may have to keep rates higher for longer. ➡️Read more in our latest market response. https://lnkd.in/emM3U6yZ

Thank you to the Commercial Property Executive Influence Awards for recognizing our initiative to energize our cities.  The 2024 CPE Influence Awards recognize the commercial real estate industry’s most noteworthy properties, projects and transactions. This category is open to any commercial property that has gone above and beyond to promote sustainability or social programs. We were awarded in January 2025 for solar installations that create jobs and provide affordable clean energy in disadvantaged communities ☀️. https://lnkd.in/ekviu3-S 

Investors have ignored warning signs before, but 2025’s risks - tech concentration, geopolitical uncertainty, and market volatility - should not be dismissed. The aura of invincibility around Big Tech has been punctured. Now is the time to diversify. Read my latest Sunday Times article here:  

📰 Stay up to date with our Quick Takes on Capital Markets here on LinkedIn. Each week, we will provide a quick summary of the latest market developments.   This week, we look at how Trump’s latest trade move could send Mexico & Canada into recession, hit U.S. GDP by 1.2%, and push inflation back to 4%. The biggest risk? Policy unpredictability. In this environment, diversification is key—both for managing risk and seizing opportunity.    More thoughts in the article below. ⬇️

Trump’s latest #tariff salvo has reignited trade tensions, hitting markets with a fresh dose of uncertainty. The new tariffs target $1.4 trillion in trade—four times the scope of his 2018 trade war. What’s different this time? • 25% tariffs on Mexico & Canada (delayed 30 days) • 10% tariffs on China, effective immediately • No set criteria for lifting the tariffs = prolonged uncertainty • U.S. inflation could rise by 0.5%-1.0% • The Fed may be forced to stay on hold longer ➡️ What does this mean for investors? A more complex, volatile global market where risk premiums may need to adjust higher. Read our full analysis on how this new era of tariffs could reshape growth, inflation, and portfolios: https://lnkd.in/dvrA9Skn

A new AI player is shaking up markets. #DeepSeek, a Chinese startup, has launched an open-source model that rivals top U.S. #AI firms—at a fraction of the cost. The result? A sharp sell-off in #techstocks, questions about AI capex spending, and a fresh reminder of the need for diversification. What does this mean for investors? ➡️Read our latest bulletin here: https://lnkd.in/eW_yuc2F