In follow-up to my video yesterday, I had a number of clients reach out asking if their assets are safe at Schwab. I believe there is no question that the answer is YES. Schwab is a very strong institution that is not caught up in…READ MORE
Consumer activity has been strong, but can that continue? We expect the first reading of fourth-quarter GDP to reflect growth around 3% on an annualized basis. Economic growth was driven by stronger-than-expected consumer activity, with savings drawdowns serving as the primary source of financing amid…READ MORE
Calmer waters should lie ahead for investors. Inflation is falling, the Fed is nearing the end of its tightening cycle, and much of the expected weakness in economic growth is already reflected in market valuations. – Dr. David Kelly, Chief Global strategist, J.P. Morgan With…READ MORE
What’s to come in the year ahead? Everyone wants to know when the next recession will start and how long it will last. While each recession is painful in its own way, one potential bright spot is that they don’t historically last very long. What’s…READ MORE
Inflation moderation, is it enough for the Fed to ease up on rate hikes? Key to when the Fed’s job is seen as largely done will likely be stabilization in areas like housing, purchasing managers indexes (PMIs) and consumer/CEO confidence. The Fed has telegraphed an…READ MORE
