Market Commentary

Timely takes on markets and the economy.

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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.

Emerging Markets: AI Opportunity and AI Risk

Technology has become a major driver of emerging-market stock performance.

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On Investing

The Markets React to Venezuela

Liz Ann Sonders and Kathy Jones discuss the market reactions to the news out of Venezuela and analyze the latest economic indicators.

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Market Outlook

Forward/Backward: 2025 Review With a Note on Venezuela

The capture of Venezuelan President Maduro has been digested well by global markets, which is in keeping with 2025’s theme of massive volatility and solid index-level returns.

Schwab Market Update
Schwab Market Update Podcast

Quiet Trading Likely as Markets Kick off 2026

Stocks start 2026 on a four-day skid after another drop Wednesday amid little news. Trading could be light between the holiday and the weekend. No major data or earnings are due.

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Schwab's 2026 Long-Term Capital Market Expectations

Our 2026 outlook shows fixed income continuing to benefit from elevated rates, while equities still face a narrowing edge over risk-free investments.

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On Investing

Closing Thoughts on a Year of Uncertainty

At the end of 2025, Liz Ann Sonders and Kathy Jones assess the resiliency of the economy.

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What Is a Recession? Causes, Duration, and More

Understand how a recession is defined and how to avoid common investment mistakes during recession-driven stock market downturns.

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On Investing

2026 Market Outlook: U.S. Economy, Equities & Fixed Income

As we approach 2026, what can investors expect from the equities market, fixed income, and the overall US economy in the new year?