Commentary

2021 Schwab Market Outlook: On the Path to Recovery

With COVID-19 vaccines on the horizon, the longer-term economic outlook appears brighter.

Commentary

2021 Muni Bond Outlook: Storm Clouds Clearing

We expect the municipal bond market to return to a sense of normalcy in 2021.

Commentary

2021 Credit Outlook: Smoother Road Ahead

It was a bumpy ride for corporate bond investors this year. After the sharp, pandemic-driven selloff in February and March, total returns for most corporate bond investments have climbed their way back into positive territory.

Commentary

2021 Fixed Income Outlook: Calmer Waters

Ten-year Treasury bond yields may rise as high as 1.6% in 2021, reflecting prospects for faster economic growth.

Commentary

Changes: Vaccine News Changing Market’s Leadership Characteristics?

This week’s report will look at last week’s market moves in the wake of positive vaccine news (with additional and even better news today); but will also review our most recent tactical recommendation change.

Commentary

Vaccine News Improves Outlook

Actual third-quarter earnings may be less important than what business leaders say about their expectations.

Commentary

Vaccine News Shakes Up the Stock Market

Investors looking past the presidential election for the next market-moving news break were rewarded earlier this week when Pfizer announced that it had made some headway in the fight against COVID-19.

Commentary

Election Day to Inauguration Day: A Test for Global Stock Markets

Stock market performance during the transition period between outgoing and incoming U.S. presidents tends to be more dependent on the economic cycle than the election results.

Commentary

Still the Same: Fed Keeps Monetary Policy Steady

The Fed did not add to this week’s uncertainties and kept rates unchanged, while also providing no new information with regard to its balance sheet.

Commentary

Election Implication FAQs

Investors likely have many questions about the 2020 election. Votes were still being counted late Wednesday, but here are answers to some of the most frequently asked questions we’re hearing.

Commentary

What to Expect from the “Lame Duck” Congress

While the election remains too close to call, investor attention will soon turn back to Capitol Hill, where senators will reconvene on Nov. 9 and House members on Nov. 16 for what is known as a “lame duck” session of Congress.

Commentary

Elections and the Bond Market

There are many major policy decisions that will influence the outlook—trade, energy, taxes and budget deficits, and pandemic relief. However, it’s difficult to assess how these issues will be addressed post-election, and even more unpredictable how the market will react.

Commentary

Too Much: Market Succumbed Again to Trifecta of Virus, Fiscal Relief and Election Uncertainty

For the third time since the COVID bear ended its short havoc, U.S. stocks went into pullback mode—culminating in the worst week since March. The virus itself continues to be a culprit; with another surge in cases and hospitalizations; although not for deaths, at least not yet. The lack of a fiscal relief package and heightened election uncertainty are also to blame.

Commentary

Rising COVID-19 Cases Deepen Stock Selloff

Stocks tumbled again on Wednesday, as worries about rising COVID-19 cases and hospitalizations sent investors toward the safe havens of U.S. Treasuries and the dollar.

Commentary

“De-globalization” Already Happened And It Didn’t Matter

The “end of globalization” is a phrase that has come up a lot lately. Stories written about deglobalization have soared this year with the pandemic.