Commentary

Box of Letters: What Shape Will the Recession/Recovery Take?

Labor market data has never looked as ugly, with more hits to come; but many are looking ahead at what an eventual recovery will look like.

Commentary

Stocks Fall After Grim Jobs Numbers

U.S. stocks ended lower Friday, capping a volatile week of swings both higher and lower, as investors reckoned with the increasing evidence of the COVID-19 pandemic’s economic toll.

Commentary

Stocks Drop as Coronavirus Fears Sink In

Stocks dropped on Wednesday as investors focused on growing fears about the human and economic toll of COVID-19. The S&P 500 index lost 4.4% on Tuesday, and at the close of trading was down about 27% from its February peak.

Commentary

What Will The Recovery Look Like?

In a typical recession, the global economy tends to have large imbalances that take a long time to unwind, such as a housing bubble or overinvestment by businesses. This time the global economy is experiencing a shock, rather than the natural end result of a slow build-up of excesses.

Commentary

How the U.S. Economic Stimulus Package May Affect Investors

Schwab experts share their perspectives on how the legislation may affect individuals and markets.

Commentary

Triage: Throwing Everything at the Virus

We know a lot more about COVID-19 than we did a few weeks ago; but there remain questions that are unanswerable at this stage. We don’t know how much worse this gets before it starts to get better...

Commentary

Week in Review: Another Bumpy Week for Stocks

U.S. stocks fell again on Friday, ending another volatile week, as coronavirus fears outweighed central bank and government attempts to support the economy. The S&P 500 index fell 4.3% on Friday, and is now down 31.9% from its February peak.

Commentary

Quarterly Market Outlook: Coronavirus Tips the Scale

As COVID-19 spread around the world in the early months of 2020, governments enacted quarantines, travel bans, school closings and other measures. Global supply chains were disrupted. Reduced demand is weighing on many industries, starting with travel, hospitality and leisure. Oil prices dropped after Saudi Arabia boosted production, in effect launching a price war with Russia. U.S. Treasury yields fell to record lows.

Commentary

Fed Cuts Rates to Near Zero

In a surprise move on Sunday night, the Federal Reserve cut its short-term interest rate to the 0% to 0.25% range and announced a series of moves to address the economic threat posed by the novel coronavirus. The central bank used a full range of its potential policies to support the economy and financial system.

Commentary

Stock Market Rebounds at the End of a Volatile Week

Stocks rebounded on Friday, ending a week of wide swings that drove major U.S. stock indexes into bear-market territory. Overall, it was a rough week for the stock markets.

Commentary

Schwab Market Perspective: Coronavirus Hits Markets Hard

Stocks have plummeted this month as investors struggled to assess what impact the COVID-19 coronavirus may have on the economy.

Commentary

Stocks Fall on Coronavirus, Oil-Price Fears

U.S. stocks fell again on Wednesday, with the Dow Jones Industrial Average closing in bear market territory.

Commentary

Market Plunges on Coronavirus, Oil-Price Fears

U.S. stocks plummeted on Monday, with the S&P 500 index closing down 7.6%, its worst day since 2008, capping two weeks of extreme volatility amid the spreading coronavirus epidemic.

Commentary

Manic Monday (Tuesday, Wednesday, Thursday, Friday)

In the easiest of times (are they ever, really?) it’s futile to make predictions about the market with any semblance of accuracy. Clearly, these are not the easiest of times; so the futility is magnified. Even with non-stop coverage of COVID-19; with every question answered, there’s another question to ask.

Commentary

Schwab Sector Views: Coronavirus Changes Our Views

The coronavirus outbreak has affected global supply chains, consumer demand and interest rates. In response, we’re downgrading Financials and upgrading Utilities.