While some measures of short-term sentiment have gotten quite bullish, Charles Schwab Chief Investment Strategist Liz Ann Sonders says that long-term indicators show the stock market’s Wall of Worry remains firmly in tact.
Charles Schwab Chief Investment Strategist Liz Ann Sonders thinks the US is still well positioned compared to the rest of the world, but she also thinks it’s not a time for wild bullishness.
Charles Schwab’s Liz Ann Sonders thinks that the economy is improving following a weak first quarter, and thinks the bull market isn’t done.
While the recent market turmoil has led some to predict that a new a bear market is coming, top strategist Liz Ann Sonders of Charles Schwab thinks otherwise. “We have more of an internal correction among high-flying stocks,” Sonders tells Bloomberg TV. “There are some high flyers within small segments of the market but it is neither infecting the market from a valuation perspective nor likely to bring the entire thing down.” Sonders says too many comparisons are being made to the 2000 era, when valuations were exponentially higher than they are now.