Charles Schwab Chief Investment Strategist Liz Ann Sonders says the recent unemployment data was “pretty close to great”, and sees job growth continuing to be strong in the coming months. Sonders tells CBS This Morning that the January Labor Department report showed “strength across the board”, and she says most leading indicators suggest strong job [...]
Read moreSonders Says Bottom “Largely In” for Housing
Charles Schwab’s Liz Ann Sonders has made some very prescient calls on the economy and housing in recent years, and now she says that the much-maligned housing market may have finally hit bottom. “It’s time for a fresh look at housing. My conviction level does not match that in 2006, but I do think the [...]
Read moreSonders: Optimistic Despite “Cacophony of Naysayers”
While many continue to worry that the European debt crisis will topple the U.S. stock market, Liz Ann Sonders — whose calls on the start and end of the Great Recession were remarkably accurate — is a good deal more upbeat. “There continues to be a cacophony of naysayers, but we have remained optimistic that [...]
Read moreSonders Sees U.S. Stocks Outperforming in 2012
Charles Schwab’s Liz Ann Sonders, whose economic predictions have been very accurate over the past several years, says she expects the U.S. to continue to slowly grow in 2012 and the stock market to revert to a more normal environment. Sonders tells MarketWatch she thinks volatility and correlations will decline in the coming year, which [...]
Read moreSonders On Similarities, Differences Between Today and 2008
The eurozone debt crisis has frequently been compared to the Lehman Brothers-triggered financial crisis that rocked the U.S. in 2008. In recent commentary, Charles Schwab Chief Investment Strategist Liz Ann Sonders takes a look at how the two crises are similar — and how they are different. “The eurozone debt crisis is not distinct from [...]
Read moreSonders on the “Real Mortgage Rate”
While many news outlets and pundits have been reporting on how historically low mortgage rates could spur housing demand, Charles Schwab’s Liz Ann Sonders says that they’re missing a big point. In a Financial Times column, Sonders says that people always focus on the nominal mortgage rate. But, she says, there’s a “real rate” for [...]
Read moreLook Beyond Europe News, Sonders Says
Charles Schwab’s Liz Ann Sonders — whose calls on the start and end of the “Great Recession” proved quite accurate — warns against hyperfocusing on Greece’s debt problems. “Even the broader European focus has largely seemed to overshadow developments in the United States, which remains the world’s largest economy,” Sonders writes along with Brad Sorensen [...]
Read moreSonders: Want Job Growth? Provide Regulatory Clarity
Charles Schwab Chief Investment Strategist Liz Ann Sonders sees weak growth for the U.S. for “quite some time” — though she doesn’t see another recession on the horizon — and says eliminating regulatory uncertainty is a key to stabilizing the business climate and creating jobs. “Slow growth at best,” Sonders says of her expectations for [...]
Read moreSonders on Earnings and The Market
While some fear that a decline in corporate earnings growth will send the stock market tumbling, Charles Schwab Chief Investment Strategist Liz Ann Sonders says they’re off base. “There is this misperception that the minute the peak of earnings happens, the market is going to fall out of bed,” Sonders tells Bloomberg Surveillance. “The market [...]
Read moreSonders: U.S. Recession Unlikely; Europe Needs To Do More
Charles Schwab Chief Investment Strategist Liz Ann Sonders says that she does not think the U.S. will enter another recession, and that some of the negative recent economic indicators may actually be good news for investors. “We don’t pretend to know what’s coming for the markets in the next couple of days or weeks, as [...]
Read more
February 6, 2012
