Financial markets price securities based upon future expectations. Based on the shape of the yield curve, financial markets reflect anticipation of the Federal Reserve (Fed) cutting rates aggressively in response to a recession. Given the recent market rally and high equity valuation levels… READ MORE
A Brave New Financial World? – 1/3/2021
2020 ended with nearly 20 million people receiving unemployment benefits. At the end of 2019, there were about 2 million people receiving unemployment benefits. READ MORE
Liz Ann Sonders – Chartbook Look at Economy/Market
Liz Ann Sonders, Chief Investment Strategist at Charles Schwab, provides at “chartbook” look at the US economy and financial markets. https://www.schwab.com/resource-center/insights/content/every-picture-tells-story-chartbook-look-economymarket