WrapManager's Wealth Management Blog
When life changes, we can help you thoughtfully respond.

Sequestration Does Not Sink Risk Assets - Nuveen Asset Management

Posted by Seton McAndrews | CFP®, Vice President Investments
March 4, 2013

Nuveen Asset Management’s Chief Equity Strategist, Bob Doll, provides his thoughts on the outcome of the sequestration vote in Congress. "U.S. equities advanced marginally last week, as the S&P 500 increased its gain to approximately 6.9% for the year. Markets were in a holding pattern during February, with minimal change in global equities or credit spreads and a slight rally in bonds. Broadly speaking, U.S. markets outperformed world markets and the dollar rallied."

Nuveen Asset Management