Schwab Center for Financial Research

Find Schwab Center for Financial Research content

2020 U.S. Market Outlook: Ramble On?
Market Commentary

Next year is set to start on a high note, with consumers and the Fed keeping the economy and market afloat; but risks remain elevated, including trade and elections.
Market Commentary

Unless global growth reaccelerates, international stocks may remain stuck within the volatile ranges seen during the past two years.
2020 Global Market Outlook: New Heroes Needed
Market Commentary

Jeffrey Kleintop’s full 2020 outlook for global stocks and the economy.
Market Commentary

The U.S. economy likely will remain split in early 2020.
Does The Return Of QE Mean Big Gains For Stocks In 2020?
Market Commentary

As we head into 2020, investors should be cautious in assuming that the return of central bank balance sheet growth means stocks will follow along.
Tied to Trade: What’s Next for Emerging Market Stocks?
Market Commentary

A wide range of outcomes from -10% to +40% may lie ahead of emerging market stocks depending on the timing and details of a trade deal.
Will The Crash in Autos Drive The End Of This Cycle?
Market Commentary

The last global economic cycle ended with a housing bust; will the bust in auto sales end this cycle?
Are Stocks Priced for Perfection or Recession?
Market Commentary

Fortunately, stocks are nowhere near that overvalued, based on the price-to-earnings ratio. But, if we take a more refined look at historical stock market valuations at peaks and lows, we find some cause for concern.
Passing the Baton: Signs of Fiscal Stimulus Emerge
Market Commentary

After monetary policymakers took action to lower interest rates and ease financial conditions, they have been asking for fiscal policymakers to enact stimulus though stepped-up government spending and tax cuts—they may be starting to get their wish.