Market Commentary

Timely takes on markets and the economy.

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city overlook

Are California Fires a Risk to the Muni Market?

The wildfires may affect some municipal bond issuers in the devastated areas, but the impact to other California bonds or to the broader muni market is likely limited.

Commentary

Hard to Handle: A Look at Hard vs. Soft Data

Some soft data metrics have started to rebound sharply and catch back up to relatively resilient hard data, but it's too soon to say whether the gap is definitively closing.

On Investing: Kathy Jones & Liz Ann Sonders
On Investing

Climate Shocks & the Muni Bond Market

Cooper Howard and Kathy Jones look at how climate events, like the fires in Los Angeles, could impact the municipal bond market.

Commentary

What's Ahead for China in 2025?

Economic data and policies out of China are typically delayed until mid-March. Stock volatility may be prevalent until initiatives are clarified after the Lunar New Year.

Schwab Market Update

Schwab Market Update

New U.S. chip export restrictions and fresh highs in the dollar and yields hit stocks, especially tech, continuing last week's chill ahead of earnings and inflation data.

U.S. Catpitol
Washington Watch

New Congress Faces Massive Policy Agenda

Donald Trump and Republicans support sweeping changes that could affect the economy, markets and investors. But narrow margins in Congress could complicate that agenda.

On Investing: Kathy Jones & Liz Ann Sonders
On Investing

Does the Resilient Economy Equal a Higher Potential Growth Rate?

Liz Ann Sonders and Kathy Jones examine why the economy continues to show resilience despite higher interest rates and inflation concerns.

A mountain trail
Bond Insights

Treasury Bonds: Riding the Range

Yields may trade in a wide range as markets work through issues in the new year. Navigating volatility may mean capturing higher nominal and real yields over the longer term.

Commentary

It Was a Very Good Year

Stocks are coming off another banner year, but strength has bred a frothy sentiment environment, which continues to loom as a risk for likely coming volatility.