Market Commentary
Timely takes on markets and the economy.
Market Commentary content
Market Commentary
In the face of persistent macro headwinds, earnings growth continues to deteriorate, putting the fundamental backdrop for the market at risk.
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
Though the Fed is close to the end of its rate-hiking cycle, additional increases in the fed funds rate are still likely, albeit less aggressive in magnitude.
Market Commentary
Despite market volatility, inflationary pressures, and a potential earnings recession, a rally involving stocks, bonds, and some commodities started in November still persists.
Market Commentary
Leading indicators continue to point toward further economic weakness, making it difficult and premature to determine whether the labor market can maintain its relative strength.
Market Commentary
The United States hit the debt ceiling on January 19th, launching what could be the most consequential policy debate of 2023 for the markets. Although the crisis is still likely five to six months away, concern about when and whether a deeply divided Congress will be able to find a path to raising the debt ceiling will be a critical issue for investors to monitor.
Market Commentary
Volatility waves and changing-news tides elicit short-term market moves; economic currents tend to affect longer-term market shifts which may now favor international stocks.
Market Commentary
The decade-long bull market in the U.S. dollar may be leveling off, but we don't anticipate a major bear market in 2023.
Market Commentary
Although it's possible the Federal Reserve will guide the economy to a "soft landing," evidence has been pointing toward recession.