Market Commentary

Timely takes on markets and the economy.

Market Commentary content

Bond Market Update – May 2020
Bond Insights

The latest perspective on the bond market from the Schwab Center for Financial Research, including a deep-dive on corporate and municipal bond markets.
Market Commentary

Since COVID’s wrath began, the stock market has gone through three major phases of leadership, with a fourth possibly underway driven in part by seasonals.
Market Commentary

Special purpose acquisition companies—also known as blank-check companies—have gained immense popularity since the beginning of 2020.
Market Commentary

Supply chain issues are worsening, increasing the risk to sales, production, and inflation. European stocks may offer an opportunity to avoid these risks.
You Take My Breadth Away: Market’s Underlying Deterioration
Market Commentary

Last week, the S&P 500 was trading at an all-time high, but the underlying deterioration in breadth and non-confirmations by other indexes bears watching.
Market Commentary

Here’s what to know about Biden’s proposed tax increases.
Sector Views

Despite recent bouts of sector leadership rotation, we don’t expect defensive sector outperformance to last.
Market Commentary

The U.S. economy appears to be shifting from recovery mode to a new, more-mature expansion phase.
Bond Insights

Although the prospect of the Federal Reserve tapering its bond purchases has unsettled markets in the past, we expect it to be more orderly this time around.

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