Market Commentary

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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?

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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.

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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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.