Liz Ann Sonders, Senior Vice President and Chief Investment Strategist, Charles Schwab met with Julie Cooling, Founder & CEO, RIA Channel at the Schwab IMPACT conference this week to discuss the current economic environment and state of the market.
“The Fed has been trying to combat some of the uncertainty,” says Sonders on this year’s series of rate cuts and questions surrounding a lingering trade war. She notes that while consumer spending is strong and the market has been at an all-time high, the manufacturing and business investment side of the economy would benefit from greater stabilization. Sonders also discusses trends of deglobalization, the potential impact of a comprehensive trade agreement, and the future of inflation.
For more insights from Sonders, head here.