Summer re-runs are popular on TV, but a repeat of last August's "yen-carry" market upheaval isn't likely on the schedule. A shift in positioning by investors is one reason.
2025 has been a bouncy year so far with market ups and downs and uncertainty regarding possible tax changes and economic impacts of tariffs. Are you ready for what may come next?
Investors may revisit international exposure in their portfolios amidst reduced market reactions to tariff announcements, uncertain U.S. policy and lagging U.S. stock performance.
The bill contains several tax-code changes that could affect municipal bonds, although we don't think it reduces the appeal of munis for high-income earners.
Find Market Commentary content
Schwab Market Perspective: 2025 Mid-Year Outlook
Market Snapshot | June 2025
"Yen-Carry" Anniversary Nears, but Worries Fade
2025 Wealth Management Midyear Outlook
Sector Views: Monthly Stock Sector Outlook
What Is the Debt Ceiling and Why Does It Matter?
Mid-Year Outlook: International Stocks and Economy
How Will Tariffs & Debt Affect the Economy?
Will the "Big Beautiful" Tax Bill Affect Munis?