Market Commentary

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Bond Insights

What Are 5 Key Risks to the Muni Market in 2026?

While our outlook for the municipal bond market in 2026 is positive overall, we have identified five risks that we believe should be on investors' radar.

Schwab Volatility Update

Greenland Spat Sparks Biggest Drop Since October

U.S. stocks face broad sell-off and Treasurys plunge with investors rattled by tariff threats amid President Trump's push to acquire Greenland.

View of the Capitol during winter time
Washington Watch

Washington: What to Watch Now

Congress is racing to pass six appropriations bills before the January 30 deadline, while the Supreme Court prepares to hear the administration's case against a Fed governor.

Where Might Value Accrue in the Crypto Market?

Understanding fundamental drivers can help investors evaluate different cryptocurrency protocols.

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Market Outlook

Time of the Season … For Year-End Targets

Year-end S&P 500 price targets implicitly assume continuity and fail to recognize volatility and macro forces that affect markets throughout any given year.

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On Investing

The Latest Threat to Fed Independence

With continuing pressure on Fed independence and mixed signals from the economy, how will the markets react?

Market Snapshot | January 2026

Liz Ann Sonders shares her perspective on the U.S. stock market and economy in this monthly Market Snapshot video.

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Bond Insights

The Bond Market in 2026: What Could Go Wrong?

We expect another generally good year for bond returns this year, but even the best-laid plans can go awry when circumstances change. Here are four risks to our outlook.

What Is the Debt Ceiling and Why Does It Matter?

What's the debt ceiling? Learn how the debt ceiling works and how a default on federal debt could impact the U.S. stock market and economy.