Good morning, Broadsheet readers! First lady Jill Biden introduced a $500 million plan for women's health research, Federal Reserve Governor Michelle Bowman dissented on the interest rate cut decision, and more women of color are investing outside retirement. Have a wonderful Wednesday!
- Investment gains. When it comes to women and investing, there tends to be too much focus on what we're doing wrong. Women lack confidence, for example, and defer to husbands or other third parties in financial management and decision-making.
The narrative around female investors is due for a refresh, according to J.P. Morgan’s newly released 2024 Diverse Investor study, which surveyed 1,069 Americans over age 25 with at least $25,000 in investable assets.
