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 moreSonders on the Impact of a U.S. Downgrade
Charles Schwab’s Liz Ann Sonders says there’s still a possibility that the U.S. could have its credit rating downgraded, but also says the implications of a downgrade may not be as dire as people think. Sonders notes that some countries, like Japan, have gone through a downgrade without seeing big rate hikes. And, if there [...]
Read moreSonders: Market Outlook Is Better than You Think
Charles Schwab Chief Investment Strategist Liz Ann Sonders says she doesn’t think a double-dip recession is in the cards, and thinks the outlook for the market is good — even if growth is slow. Schwab tells Yahoo! Daily Ticker that valuations look good based on 2011 and 2012 earnings estimates. She also says she’s examined [...]
Read moreSonders on Debt Ceiling, and Why a New Recession Is Unlikely Anytime Soon
Charles Schwab Chief Investment Strategist Liz Ann Sonders says she’s optimistic a deal will be reached on the U.S. debt ceiling and that growth will pick up in the second half of the year, and says the best way to deal with a potential U.S. debt default is diversification. “We continue to preach the benefits [...]
Read moreSonders on “The Story No One Is Telling”
Charles Schwab Chief Investment Strategist Liz Ann Sonders says that many investors are allowing macroeconomic concerns to overshadow positive microeconomic news — and she says the macro picture is actually getting better on many fronts. “The vast majority of questions I’ve been getting at events are of the macro variety. Rarely am I asked about [...]
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December 2, 2011


