Market Commentary

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Washington Watch

Washington: What to Watch Now

Kevin Warsh is officially the 17th Federal Reserve chair, senators punt immigration enforcement bill debate to early June, and SEC Commissioner Hester Peirce announces retirement.

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Some Indexes Accelerate Entry for Massive IPOs

As Wall Street eagerly awaits historically large IPOs, index providers weigh the implications and logistics of adding new members on an accelerated timeline.

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Bitcoin Mining Economics and the Pivot to AI

The primary way we value bitcoin is with mining metrics. It's important to understand the pivot to high-performance computing for AI models and what that means for bitcoin miners.

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On Investing

Rising Yields Highlight Muni Opportunities

Cooper Howard explains how municipal bonds can offer potentially attractive after-tax income, especially for higher earners, but require careful evaluation of tax brackets, credit quality, and relative value versus Treasuries and corporate bonds.

WashingtonWise  Ready or Not, The Digital Stock Market Is Coming  Ep. 140
Washington Wise

Ready or Not, the Digital Stock Market Is Coming

Tokenization is often associated with cryptocurrency, but now Wall Street is looking to tokenize stocks. What do investors need to know about a digital stock market?

Bond Insights

CD or Treasury? 5 Factors to Consider

Certificates of deposit (CDs) and Treasuries both can offer steady, predictable investment income—but how to decide between them? Here are five factors to help you choose.

Are You There, Inflation? It's Me, Kevin Warsh

As Kevin Warsh takes over as Federal Reserve chair with his own goals, he may face challenges even beyond rate policy, from inflation to independence to a bulbous balance sheet.

Schwab Market Perspective

Our point of view on recent market and economic activity.

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On Investing

Why Markets Are Shrugging Off Sticky Inflation

Inflation remains elevated, keeping the Fed on hold and pushing rate cuts out of view, while energy prices and geopolitical tensions complicate the outlook.