Schwab's Sonders expects 'rolling recession' to roll on and play out in 2024
Description
Liz Ann Sonders, chief investment strategist at Charles Schwab & Co., says the best situation for the economy and market is 'a continuation of the roll through,' where rolling recessions allow some sectors to rebound while current weakness plays out. Sonders notes that while others include the presidential election cycle into their thinking, she doesn't put much emphasis on the election especially when there are constraints -- like debt, deficit and interest costs -- that make it hard for politicians to make any needle-moving actions. In The Danger Zone, David Trainer looks at understated profits, and offers up a stock where investors are at risk of missing out on a strong buying opportunity. In the Market Call, Andrew Graham, founder / portfolio manager at Jackson Square Capital, talks stocks.
United States
