Experts offer their insights on the U.S. and global markets
Successful investing begins with being informed. Read the insights of top Schwab professionals and keep up with the daily flux of the stock market.
US Market Commentary
Helpless? Recession Risks Abound
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.
U.S. Hits Debt Ceiling: Will It Impact Investors?
Fear that the federal government may default on its obligations has driven market volatility in the past, but typically not until the default deadline is much closer.
Go With the Flow
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.
Has the U.S. Dollar Peaked?
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.
Hurts So Good: Jobs Picture Stays Mixed
There was something for everyone—even those supportive of an economic soft landing—in December's jobs report, but recessionary signals have not subsided.
Congress Passes Major Boost to Retirement Savings
Among other provisions, the SECURE Act 2.0 will raise the age at which individuals must begin taking required minimum distributions (RMDs) from their retirement account to 73, beginning in January 2023.
Will Rising Federal Debt Slow Economic Growth?
Over the past 70 years, rising government debt generally has been accompanied by weaker economic activity. But it's not a simple relationship.
Top Global Risks of 2023
Considering that a new year almost always brings surprises of one form or another, we've highlighted our top five that may define the global markets in 2023.
2023 Market Outlook: Cross Currents
We expect economic growth and market performance to improve in 2023 compared with 2022. But things may get worse before they get better.
Fixed Income Outlook: Bonds Are Back
We see opportunities in 2023 for the bond market to provide attractive yields at lower risk than we've seen for several years.
Global Outlook: Recovery and Risk
Markets may continue to see volatility in 2023 as they navigate between global economic growth and inflation fears, with central banks' decreasing rate hikes and China's reopening.
U.S. Outlook: How Many More Times, Fed?
Weaker economic trends will likely form heading into 2023 as the Fed battles inflation, but a (hopefully) mild recession may help set stocks up for a better second half of the year.
Risk for 2023: China Reopening
Chinese officials may be preparing to bring an end to China's zero-COVID policy but reopening the world's second-largest economy could bring inflationary challenges.
Swing, Swing: Wild Week
A better-than-expected October consumer price index report provided some relief and support for equities, but investors should be wary of low-quality leadership and, to some extent, crypto stress.
Midterm Elections Signal More Washington Gridlock
While results won't be finalized for some time, it is clear that we will have two more years of an extremely narrowly divided Congress.
Central Banks Stepping Down
Central banks seem to be stepping down from aggressive rate hikes, which may lead to a year-end "Santa Pause" rally for stocks.
Disappearing Act: Earnings
Earnings weakness is starting to materialize across a broader swath of industries, with hits coming from a strong dollar, weaker demand, and aggressive monetary policy.
Revenge of the Markets
Markets can have more sway over policymakers than vice versa, as demonstrated in the U.K. recently. Here are three ideas for what markets may compel other policymakers to do next.
Different Strings … Similar Story
Much attention has been paid to the elevated risk (and announcement) of a recession, but investors should instead focus on signals coming from leading economic indicators.
The End of Earnings Growth?
The earnings outlook is dimming as the economy slows, which could result in cuts to earnings forecasts and downside for stocks. U.K. earnings have been a surprising outperformer.
Have more questions? We're here to help.
Outside the U.S.
In the U.S.
Customer service hours
5:30 p.m. Sunday to 1:00 a.m. Saturday (U.S. EST)
Send applications, deposits, and other materials to:
Charles Schwab & Co., Inc.
Attn: International Operations
1945 Northwestern Drive
El Paso, TX 79912-1108, USA