WashingtonWise
101 episodes - English - Latest episode: 8 days ago - ★★★★★ - 230 ratingsOur finances, portfolios and the markets are affected daily by the policies and politics coming out of Washington. In each episode of WashingtonWise, host Mike Townsend, Charles Schwab’s Vice President for Legislative and Regulatory Affairs, focuses a non-partisan eye on the stories that matter most to investors, and his guests offer actionable suggestions for what to do--and what not to do--with your portfolio.
Podcasts are for informational purposes only. This channel is not monitored by Charles Schwab. Please visit schwab.com/contactus for contact options.
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Episodes
Is There Any Good News for the Data-Driven Fed?
April 18, 2024 07:05 - 34 minutes - 31.8 MBThe Fed says its decisions are data-driven, but recent data on inflation, jobs, and other key economic metrics don't seem to be offering a consistent message. Kevin Gordon, Schwab's senior investment strategist, joins host Mike Townsend to go below the headline data and look at what the Fed is watching as it continues to fight sticky inflation and make decisions on rate cuts. They discuss what impact the reduced expectations for rate cuts in 2024 night be having on the market and whether the...
No Matter Your Age, Start Medicare Planning Now
March 21, 2024 07:10 - 37 minutes - 34.4 MBMedicare is one of the toughest federal programs to navigate, a maze of confusing choices, odd deadlines, and potential penalties. Yet it's critically important for everyone, even if you're just starting out in your career, to understand it. On this episode, Susan Hirshman, director of wealth management at the Schwab Center for Financial Research and a Medicare expert, joins host Mike Townsend to help demystify Medicare for listeners. Noting that almost everyone pays into Medicare from their...
Don't Bet Your Portfolio on Election Year Fears
March 07, 2024 08:10 - 28 minutes - 26.9 MBThe presidential election and its impact on the markets loom large among investors' concerns. Mike Townsend tapped the resources of Schwab's Center for Financial Research to answer client questions, including the role of third-party candidates; what happens if either of the main candidates leaves the race; and how the markets, as well as individual sectors, typically perform in the run-up to the election and immediately afterward. Mike also looks at historical market correlations with electi...
Considering Bonds? What to Know Before You Buy
February 22, 2024 08:00 - 41 minutes - 38 MBBonds can be intimidating. While many investors regard them as a necessary component of a balanced portfolio, that doesn't mean they have a good understanding of how they work. When U.S. bonds struggled to their worst performance ever in 2022, investors naturally were spooked. But in 2024 bonds offer attractive yields and can present opportunities to investors. In this episode, Mike is joined by Cooper Howard and Collin Martin, two fixed income strategists from the Schwab Center for Financia...
Geopolitical Risk: Is the Bark Worse than the Bite?
February 08, 2024 08:00 - 28 minutes - 26.9 MBFrom China's economic woes and tensions with Taiwan, to escalating fighting in the Middle East and the disruption of shipping routes, to central banks keeping interest rates high, there is no shortage of anxiety about geopolitical risks. On today's episode, host Mike Townsend is joined by Jeffrey Kleintop, Schwab's chief global investment strategist, to look beyond the worrisome headlines to see how economies around the globe are doing and what's driving their markets. Jeff shares his perspe...
Markets Notch Record Rally: Is It Sustainable?
January 25, 2024 08:00 - 31 minutes - 29.6 MBWith the S&P 500® and Dow Jones Industrial Average hitting record highs recently, the bear market is officially over. But is this momentum sustainable? Schwab Senior Investment Strategist Kevin Gordon joins host Mike Townsend to dig into the latest economic data and discuss some potentially worrisome signals as well as signs of improvement. They also preview the upcoming Fed meeting and the outlook for rate cuts in 2024, discuss how rolling recessions are starting to become rolling recoverie...
How to Navigate the 2024 Markets Like the Pros
January 11, 2024 09:00 - 37 minutes - 35.1 MBFor investors, 2024 has more than its share of unknowns, including what steps the Fed and other central banks will take, the direction of ongoing wars in Ukraine and the Middle East, and how elections both in the U.S. and more than 60 countries around the world will play out. These unpredictable factors can lead to volatility in the markets and anxiety for investors, which can contribute to poor decisions. One way for investors to navigate a challenging environment is to understand how fund ...
Shape Up Your Financial Plan for 2024
December 07, 2023 08:00 - 35 minutes - 32.8 MBWith 2023 winding down, it’s important for investors to take stock of their financial plan, consider strategies to minimize taxes, and begin looking for opportunities in 2024. Host Mike Townsend is joined by Daniel Stein, who manages two Schwab branches in Virginia, to discuss what investors are most concerned about right now, some key end-of-year planning strategies for investors to consider, and how to think about some of the uncertainties facing the markets next year. Dan provides practic...
Financial Fraud: Savvy Investors Aren’t Immune
November 16, 2023 08:10 - 28 minutes - 26.5 MBIn today’s globally interconnected financial world, fraud and scams are all too common, and anyone can become a victim. On this episode of WashingtonWise, host Mike Townsend talks with DJ Johnson, head of Financial Crimes Risk Management at Charles Schwab, about the ever-evolving fraud landscape and how you can protect yourself. They discuss the scope of the problem, the most frequently used ploys, and how fraudsters are using the latest technology, including artificial intelligence, to dupe...
(BONUS) From On Investing: The View from Washington D.C.
November 10, 2023 09:00 - 27 minutes - 25.6 MBIn this episode of On Investing, hosts Liz Ann Sonders and Kathy Jones welcome Mike Townsend to the show. Mike is Schwab's managing director of legislative and regulatory affairs in Washington D.C. He is also the host of Schwab's WashingtonWise podcast, which explores the intersection between policy, politics, the markets, and the economy. He shares his thoughts on the 2024 election cycle, the likelihood of a government shutdown, and the state of the federal budget deficit and government deb...
Hurdles Mounting for Deeply Divided House
November 02, 2023 07:00 - 21 minutes - 20.3 MBHuge challenges are looming as Capitol Hill inches its way back towards normal after the unprecedented ouster of the speaker of the House and a three-week search for his successor. On this episode of WashingtonWise, host Mike Townsend dives into how the recent chaos in the House and the emergence of a relative unknown may impact key policy issues. Mike offers his insight on the ever-present concern over a government shutdown, lawmakers' response to the president’s request for an emergency sp...
Global Events Spark Fears, Clouding Big Picture
October 12, 2023 07:00 - 41 minutes - 38.4 MBThe recent attacks in Israel are a reminder that geopolitical events can happen at any time, but when it comes to global investing, it’s often the big picture that tells the real story. Jeff Kleintop, Schwab’s chief global investment strategist, joins Mike Townsend to assess the ever-present nature of geopolitical risks that can have far-reaching impact in today’s interconnected economy. Mike and Jeff also dive into the headline issues that are affecting China’s economy, including the troub...
Bonds Shine with Fed's "Higher for Longer" Call
September 28, 2023 07:00 - 24 minutes - 22.7 MBAs the Federal Reserve continues to send the message that interest rates will stay elevated well into 2024, bond yields are the highest they have been in more than 15 years. In this episode, host Mike Townsend welcomes Kathy Jones, chief fixed income strategist at the Schwab Center for Financial Research, to get her perspective on how bond investors can take advantage of what some are calling a once-in-a-generation opportunity. They discuss individual bonds vs. bond funds, corporate bonds, m...
Unscrambling the Economy’s Mixed Messages
September 14, 2023 07:10 - 31 minutes - 28.9 MBLately the data on the economy and the markets has been all over the place, making it hard for investors to get a good read on where things are headed. Some indexes are way up, while others are only up a few percent. Inflation has come way down but remains sticky—and the Fed is contemplating raising rates again. Consumers are spending a lot of money on travel and services, but retailers are starting to feel the pinch as spending patterns have changed. So how do investors make sense of all th...
Artificial Intelligence: Investing Considerations
July 27, 2023 07:10 - 23 minutes - 21.7 MBWhen it comes to transformational technology, artificial intelligence is expected to rival the internet in its impact. For many investors, there is a fear of missing out—but there are also challenges sorting through all the companies making claims about their AI capabilities. Randy Frederick, managing director for trading and derivatives at the Schwab Center for Financial Research, joins host Mike Townsend to discuss the disruptive nature of AI, where the technology is headed, and what inves...
Artificial Intelligence: The Power and the Perils
July 13, 2023 07:10 - 31 minutes - 29.5 MBArtificial Intelligence is quite the buzzword these days. Practically overnight it seems to have grown from something with specific uses that is employed by big companies behind the scenes to a household term impacting everything from our entertainment to our politics. While hundreds of millions of users around the world are enjoying ChatGPT and similar chatbots, serious concerns are being raised about how it can be used to defraud us, take our jobs, or even end humanity. Bashar Abouseido, S...
Boring Can Be Beautiful: The Case for Bonds
June 29, 2023 07:00 - 30 minutes - 28.2 MBBonds' role in a portfolio is to provide income and diversification. But in 2022, they had the worst returns in decades and also failed to provide the ballast they typically would when equity markets are down. Now the Fed's rapid rate hikes have changed the equation, and investors are giving bonds another look. Collin Martin, director of fixed income strategy at the Schwab Center for Financial Research, joins Mike Townsend to consider what the Fed may do next after it chose to pause rate hik...
Debt Ceiling Hurdle Cleared: Now What for Markets?
June 15, 2023 08:00 - 36 minutes - 33.4 MBWhile markets are calm after the debt ceiling resolution, disruptors persist. Liz Ann Sonders, Kathy Jones, and Jeff Kleintop join host Mike Townsend to discuss some of the key issues that could roil the markets throughout the second half of 2023. Liz Ann, Schwab’s chief investment strategist, discusses how the debt ceiling deal is good for the markets in the near term, but rising debt poses worries in the future. She also shares her thoughts on whether the market’s upward trajectory is sust...
Washington Policy Fights Pressuring Markets
May 18, 2023 07:10 - 23 minutes - 21.5 MBInvestors are growing increasingly concerned as Washington policy battles are stirring up the markets. In this episode, host Mike Townsend responds to some of the key questions that investors are asking. He takes a deep dive into the latest on the debt ceiling drama, including the uncertainty around the timing of a potential default, the contours of a possible deal, and whether there are alternatives that could be used to avoid default if negotiations on Capitol Hill collapse. He also looks ...
Fighting Fear and Uncertainty in Markets
May 04, 2023 07:10 - 31 minutes - 29.1 MBKevin Gordon, senior investment strategist with the Schwab Center for Financial Research, joins host Mike Townsend to discuss how investors can navigate the uncertainties brought on by a flurry of developments in Washington that are impacting the markets, including the debt ceiling standoff, the Fed’s latest rate hike, and regulators scrambling to respond to another bank failure. Kevin provides some lessons investors can take from the 2011 debt ceiling drama and discusses the implications fo...
Big Tax Changes for 2023: Start Planning Now
April 20, 2023 07:10 - 34 minutes - 32.3 MBWith the 2022 tax-filing season in the rear-view mirror, it’s time to focus on the 2023 tax environment and the changes that could make a big difference to your return. Nancy Murphy, a senior wealth strategist at Charles Schwab with a focus on estate-planning, joins host Mike Townsend to discuss how higher inflation has had a big impact on individual tax brackets, the estate tax, retirement savings contribution limits, and more. Nancy walks through some key opportunities and decision points ...
Volatile Bond Market Signaling Changes to Economy
April 06, 2023 07:00 - 33 minutes - 30.9 MBThe traditionally sleepy bond market has been acting weird lately, with unusual volatility that is sending signals about the broader markets and the economy. Collin Martin, director and fixed income strategist at the Schwab Center for Financial Research, joins host Mike Townsend to discuss how to assess what’s going on in the bond market and its implications for all investors. He discusses changes in the yield curve, what to expect from the Fed on interest rates, the impact the fight over th...
Battling Competing Problems, Fed Keeps Hike Small
March 23, 2023 07:00 - 31 minutes - 29.1 MBIn its ongoing efforts to cool the economy and bring down sticky inflation, the Fed has been pulling liquidity out of the financial system through a series of rate hikes. Now, to avoid a crisis in the banking system, they are providing billions of dollars of liquidity back in. Liz Ann Sonders, Schwab's chief investment strategist, joins host Mike Townsend to share her perspective on the Fed's latest 25-basis-point rate hike and discuss how the Fed is juggling these two competing pressures. S...
Four Simmering Issues That Could Soon Boil Over
March 09, 2023 08:10 - 23 minutes - 22.2 MBWhile the new Congress has had a slow start to 2023, there are plenty of issues percolating in Washington that investors need to be keeping an eye on. Host Mike Townsend breaks down four issues and discusses why they are likely to take on greater importance for the markets this year. He dives into the recent fight in Congress over environmental, social, and governance (ESG)-focused investing and how this skirmish is likely a preview of a larger battle over ESG investing that isn't likely to...
Can Markets Rise Above U.S.-China Tensions?
February 23, 2023 08:10 - 24 minutes - 22.7 MBFrom China's spy balloon and its increasing support for Russia to a new White House executive order on China competition and a possible visit to Taiwan by the new speaker of the House, there are plenty of reasons that U.S.-China tensions have been increasing in recent weeks. At the same time, China's economy is reopening after its long period of COVID-related isolation. Jeff Kleintop, Schwab's chief global investment strategist, joins host Mike Townsend to discuss what all of these developme...
Economy Is Thriving but Fed Not Ready to Let Go
February 09, 2023 08:10 - 26 minutes - 24.9 MBLast week saw more signs that the economy is thriving, with a blowout jobs report and continued wage growth, while the Fed increased the interest rate and signaled an extended fight against inflation. Kathy Jones, Schwab’s chief fixed income strategist, joins host Mike Townsend to dig into these mixed messages and what they mean for the bond markets. They discuss whether the Fed can avoid a recession and bring the economy in for a “soft landing.” Kathy also weighs in on why she thinks “bonds...
Add the Debt Ceiling Fight to the Markets’ Woes
January 26, 2023 08:00 - 27 minutes - 25.4 MBRandy Frederick, Schwab's managing director for trading and derivatives, joins host Mike Townsend to address concerns about the looming debt ceiling fight in Congress, the far-reaching disruption it could bring to the markets, and whether we can learn anything from a similar standoff in 2011. They also share insights on how the markets are interpreting the latest inflation numbers and recent earnings reports. And Randy provides an update on the state of the cryptocurrency space in the wake o...
Old Fears Linger, New Fears Emerge for the Markets
January 12, 2023 08:00 - 32 minutes - 30.6 MBAfter a brutal 2022 that saw the S&P 500® fall by more than 19% and bonds post their worst year in decades, investors are wary about what 2023 may bring. On this episode of WashingtonWise, Kevin Gordon, Schwab's senior investment strategist, joins host Mike Townsend to discuss how the markets have been reacting to messages the Federal Reserve is sending about inflation, interest rates, and the economy. He shares his takeaways from recent housing and jobs data, previews the upcoming earnings ...
Can the Markets Leave a Brutal 2022 Behind?
December 08, 2022 08:00 - 35 minutes - 33 MBFor investors in just about everything—equities, bonds, cryptocurrency—2022 has been a year to forget. Will 2023 be a different story? In the year's final episode, four of Schwab's top experts join Mike to talk about what's happened this year and whether the signs are pointing to a turnaround in 2023. Kathy Jones, Schwab's chief fixed income strategist, leads off the discussion by weighing in on the upcoming Fed meeting, the key data points the Fed is using to gauge inflation, and why 2023 i...
Inflation Peaking but Pain Won’t End
November 17, 2022 08:00 - 33 minutes - 31 MBThe latest CPI and jobs reports indicated that inflation may have peaked, sending the markets into a big rally. But there are worrisome signals beneath the surface warning that inflation is far from over. Kevin Gordon, a senior investment researcher at the Schwab Center for Financial Research, joins host Mike Townsend to assess the latest data and discuss how far the Federal Reserve is willing to go before easing its series of rapid interest rate hikes. They also examine the hurdles the econ...
Dangers to U.S. Economy from Without and Within
October 27, 2022 08:10 - 29 minutes - 27.3 MBThe highly connected global economy can be a positive force when all systems are working well. But when cracks start to form and economies begin to falter, the U.S. economy may not be able to avoid the spillover. Jeff Kleintop, Schwab’s chief global investment strategist, joins Mike Townsend to look at the top concerns in the U.K, China, and Russia and consider how those issues could impact the U.S. They also discuss the problems the strong dollar is creating for emerging markets as they fig...
Are Rate Hikes Pushing Markets to Breaking Point?
October 13, 2022 08:00 - 32 minutes - 30.2 MBAfter another roller coaster week in the markets, Kathy Jones, Schwab's chief fixed income strategist, joins the podcast to talk about how the Fed's aggressive rate hikes are impacting the bond market, the dollar, and the global economy. She shares her thoughts on the bond market's influence on the stock market, the bond crisis in the U.K., and the impact of a strong dollar on U.S. consumers, multinational companies, and the economies of emerging-market countries. Kathy also reminds investor...
Another Big Rate Hike: Does the Fed Have a Plan?
September 29, 2022 08:00 - 29 minutes - 27 MBWith the latest 75-basis-point increase, the Fed is on course to push interest rates to over 4.5% in early 2023. But investors wonder if things are moving too far too fast. Liz Ann Sonders, Schwab's chief investment strategist, joins Mike to discuss whether the Fed actually has a plan. Will they curtail the hikes before pushing the economy into recession? What's next for the markets—will the decline continue as long as the Fed keeps raising rates? They also discuss how large corporations are...
Investing Takeaways from Summer’s Key Bills
September 15, 2022 10:00 - 24 minutes - 22.1 MBOver the summer Congress was surprisingly productive, churning out landmark legislation to address climate change, bolster U.S. chip production, strengthen competition with China, increase corporate taxes, and bring down inflation. And the president used his executive authority to eliminate $10,000 in student debt for millions of families. In this episode of WashingtonWise, Mike Townsend looks at these major policy developments from the perspective of investors and considers the impact the...
Five Big Issues Top Washington’s To-Do List
July 28, 2022 10:00 - 29 minutes - 27.3 MBWhile progress in Washington is slow, several issues that matter to investors are moving up the chain. Five of Schwab’s financial experts join Mike Townsend to check in on recent developments, including the Fed’s progress in bringing inflation under control, the pros and cons to regulating cryptocurrency, pending healthcare bills, touchy U.S. China relations, and changes to retirement savings that could impact investors’ planning. WashingtonWise is an original podcast for investors from Cha...
Recession: Are We There Yet?
July 14, 2022 10:00 - 37 minutes - 35.1 MB“Recession” is the word of the hour—no matter the hour. We are all watching and listening to find out what the Fed will do next, if it will make a difference, what’s happening with jobs and wages, where interest rates and prices could be going, and when our portfolios might make a turnaround. Kevin Gordon, a senior investment researcher with the Schwab Center for Financial Research, joins Mike Townsend to discuss the nature of recessions, what measures Schwab is watching, and why they matte...
Fed Gets Aggressive: What’s It Mean for Investors?
June 16, 2022 10:00 - 26 minutes - 24.2 MBAfter the recent disappointing inflation report, the Federal Reserve raised interest rates by 75 basis points—the largest Fed increase in 28 years. Kathy Jones, Schwab’s chief fixed income strategist, joins Mike Townsend to discuss the implications for the economy and the markets of the Fed’s aggressive move. They also consider whether corporate bonds are a good option in this environment and how the bond market is acting as a signal that a recession may be with us soon. Mike also provides ...
Fighting Investing Fears in a Difficult Market
June 02, 2022 10:00 - 30 minutes - 28.6 MBWhen the market gets volatile, turns downward, and keeps throwing curves, it can be hard to stay on track. Mark Riepe, head of the Schwab Center for Financial Research, joins Mike to explore how stress, emotions, and behavioral factors like loss aversion and recency bias can lead to making poor financial decisions that don’t fit with our long-term plan. They also share ideas for overcoming these influences and what investors should be doing in these challenging times. Mike also looks at new...
Current Winners and Losers in the Global Economy
May 19, 2022 10:00 - 26 minutes - 25 MBNot all countries have been hit by the financial downturn currently gripping the U.S. and China. Jeff Kleintop, Schwab’s chief global investment strategist, joins Mike to discuss why many international stock markets are outperforming the U.S. markets and whether that trend is sustainable. They also look at the impact on the bottom line of companies that pulled out of Russia, China’s economic difficulties and what they might mean for U.S. consumers, the outlook for improvements to supply chai...
Can the Fed Win the Inflation Battle?
April 28, 2022 10:00 - 30 minutes - 28.7 MBInflation is at the center of almost every economic discussion these days, whether among individual investors, fund managers, or elected officials. It goes beyond just high prices on everyday goods and has the potential for long-term effects on the economy. Liz Ann Sonders, Schwab’s chief investment strategist, joins Mike to discuss what we can expect as the Fed gets aggressive raising interest rates and if its efforts can bring inflation down without pushing the economy into recession. They...
Cryptocurrency’s Split Personality
March 31, 2022 10:00 - 37 minutes - 34.6 MBEveryone has a thought on cryptocurrency. Some think it's the future. Some think it's a fraud. Some think it's just baffling. At the end of the day, investors have more questions than answers. Randy Frederick, the managing director for trading and derivatives at the Schwab Center for Financial Research, joins Mike Townsend for a wide-ranging discussion about the elusive nature of cryptocurrency, its growing popularity, the positive and unsavory ways it is used, and what the future of cryptoc...
Rapid World Changes Expose Vulnerabilities & Risks
March 17, 2022 10:00 - 30 minutes - 28.6 MBWhen Russia invaded Ukraine it set in motion a series of abrupt changes. These changes have sparked a host of challenges around the world and prompted questions for investors. How will this conflict end? What will be the impact on the U.S. and global economies of the sanctions on Russia? What are the impacts of the war on the supply chain? What are the longer-term implications of the decisions by hundreds of U.S. companies to pull out of Russia? Bruce Mehlman, an expert in political and poli...
Rates Set to Rise: How High, How Fast, How Long?
March 03, 2022 11:00 - 30 minutes - 28.7 MBToo much spending coupled with too few goods caused inflation to rise rapidly, and it’s hanging on longer than most analysts anticipated. The standard antidote for inflation is to raise interest rates with the intent to cool spending. But what does that mean for investors? How long will it take before we see things start to change? How much will it hurt employment? Does the Fed have a plan for where they are going with rates so that the economy isn’t overly burdened? And will Russian-Ukrania...
Investors Seek Answers as Challenges Roil Markets
February 17, 2022 11:00 - 32 minutes - 29.8 MBThe markets are facing a variety of challenges that have sparked a significant increase in volatility, from rising inflation to anticipation of the Fed raising interest rates to Russia’s threats to invade Ukraine. Just a handful of large companies seem to push and pull the markets with every announcement. All of it has led to a market downturn since the beginning of the year, putting investors on edge. JJ Kinahan, TD Ameritrade’s chief market strategist, joins Mike to break down what’s impac...
Could Geopolitical Hotspots Burn U.S. Markets?
February 03, 2022 11:00 - 30 minutes - 28.7 MBWith Russia massing troops along Ukraine’s border and China escalating its saber-rattling against Taiwan, foreign policy challenges have moved to the front burner, forcing the United States and the European Union to consider sanctions and other steps to try to tamp down tensions. Jeff Kleintop, Schwab’s chief global investment strategist, joins host Mike Townsend on the podcast to discuss the options the U.S. and EU are considering, how long tough responses could be in place, and whether the...
Will Rising Interest Rates Tame Inflation?
January 20, 2022 11:00 - 26 minutes - 24.7 MBNo one is happy with the recent inflation run-up, least of all the Federal Reserve, whose mandate includes keeping inflation at a manageable pace. For this fight, one of the main arrows in the Fed’s quiver is to raise interest rates in hopes of curtailing spending and bringing prices back in line¬. But how much will it take, and how painful will that be for the economy? Kathy Jones, Schwab’s chief fixed income strategist, joins Mike Townsend to consider how far the rate hikes will go, what t...
Three Unresolved Issues Congress Must Address
December 09, 2021 04:30 - 23 minutes - 21.9 MBIn this year-end episode of WashingtonWise, Mike Townsend takes a hard look at three big issues facing Congress and the president: raising the debt ceiling to keep the U.S. from defaulting on its debts, decisions on the Build Back Better Act with far-reaching implications for climate change and the social safety net, and major changes ahead for the makeup of the Federal Reserve that could impact the direction of the economy for years to come. WashingtonWise Investor is an original podcast f...
Can Your Portfolio Make an Impact and a Profit?
November 11, 2021 11:00 - 26 minutes - 24.6 MBThose looking to invest in companies whose values align with theirs when it comes to environmental, social, and governance factors, known as ESG, are working toward a dual bottom line: They are seeking positive results for the causes they support and positive returns for their portfolios. Michael Iachini, managing director and head of manager research at the Charles Schwab Investment Advisory, joins Mike Townsend to discuss the state of ESG investing, whether investors can make a profit whil...
Reading the Signs of Change and Finding Opportunity
October 28, 2021 10:00 - 36 minutes - 33.1 MBIn this episode of WashingtonWise Investor, Mike Townsend continues his discussion with Liz Ann Sonders, Schwab’s chief investment strategist. They dive into the myriad changes currently buffeting the economy, including reductions in the labor market, bottlenecks in the supply chain, evolving views on work/life balance, and new policies coming out of Washington. Liz Ann shares her perspective on what it all means for the markets, where investors might find opportunities, and what investors s...
Anxious Markets Eye Speed Bumps Ahead
October 14, 2021 10:00 - 32 minutes - 30.1 MBWhile the markets continue to keep a wary eye on the slowly unfolding dramas in Washington, there is plenty more threatening to roil the markets in the fourth quarter and beyond. Liz Ann Sonders, Schwab’s chief investment strategist, joins the podcast for the first of a two-part conversation with host Mike Townsend to break it all down. They discuss how the market is reacting to the ongoing debates in Washington, including the decision to put off the debt ceiling fight until December, as wel...