Morgan Stanley’s Ellen Zentner: Women are reshaping the economy. Markets haven’t caught up

Far less attention goes to a structural shift in economic power: the growing wealth women are building and inheriting, and the businesses and services that stand to benefit. Women’s homeownership has risen from roughly 25% to 50% over four decades, reflecting their ability to accumulate assets independently. That trend is likely to continue: Cerulli Associates projects $124 trillion in U.S. wealth transfers through 2048, including $54 trillion passing between spouses, more than 95% of it to women. Traditional advisory relationships often center on the primary earner, overlooking the spouse who may ultimately inherit and manage the assets.

Source: Fortune Crypto