US
Stay up to date on commentary related specifically to US markets.
Schwab Market Update
Equity futures traded lower ahead of the opening as investors digest the Fed's lower growth guidance and stubborn inflation rates, hinting at potential stagflation concerns.
Fed Holds Steady, Cites "Elevated Uncertainty"
The Fed held the federal funds rate steady and signaled two rate cuts this year, despite expecting inflation to remain elevated.
A Future Uncertain: Recession Coming?
Recession fears have risen sharply of late as economic soft data have rolled over, upping the risk that hard data start to catch down.
Schwab Market Perspective: Recession Risk Rising?
Unpredictable U.S. tariff policy has heightened concerns about a potential U.S. economic recession.
Treasury Bonds: Why Are Yields Dropping?
Treasury yields have been falling for weeks. Yet inflation expectations remain high and recent growth data have been fairly strong—not a traditional backdrop for declining yields. What's happening?
The (Not So) Magnificent Seven?
Heightened economic uncertainty—propelled mainly by trade policy—has unearthed weakness in the equity market, with most pain felt under the market's surface.
Jigsaw Puzzle: Growth vs. Value
Growth and value are often thought of simplistically, but subsurface details in growth- and value-labeled indexes challenge pre-conceived notions of the factors.
Will the United States Dollar Be Dethroned?
Could the U.S. dollar lose its place as the world's reserve currency? Despite a long-term trend toward currency diversification, we don't see the dollar losing dominance anytime soon.
Hard to Handle: A Look at Hard vs. Soft Data
Some soft data metrics have started to rebound sharply and catch back up to relatively resilient hard data, but it's too soon to say whether the gap is definitively closing.
Treasury Bonds: Riding the Range
Yields may trade in a wide range as markets work through issues in the new year. Navigating volatility may mean capturing higher nominal and real yields over the longer term.