Sonders: Fed Should Lay Off Further Easing; Economy to Improve

Charles Schwab Chief Investment Strategist Liz Ann Sonders says she’s not in favor of another round of quantitative easing from the Federal Reserve, and remains positive on the economy and stock market. “It’s high time we just chill for a little bit and see if the economy can stand on its own,” Sonders, a participant at Reuters 2011 Investment Summit, says, according to Reuters. “Stop with this excess stimulus. We are not a fan of… Read More

Sonders Sees Hope on Job Front

Charles Schwab Chief Investment Strategist Liz Ann Sonders says Wednesday’s big down day for the market is not reason to dump stocks. Sonders discusses the reasons for Wednesday decline, and talks a bit about long-term thinking. She also says she’s optimistic that sometime “relatively soon” jobs numbers will improve, though it may not be as soon as tomorrow’s Labor Department report. (Sonders’ interview begins around the 2:30 mark in the video.)  

Sonders on What the Commodities Tumble Means for Stocks

In her latest market commentary, Charles Schwab Chief Investment Strategist Liz Ann Sonders looks at the recent commodities decline, and at what it might mean for stocks. While stocks and commodities don’t always move in tandem, Sonders says, their correlation has been high since late 2008, when the “risk-off, risk-on” trade started. “It’s been our view that this elevated correlation was not to be long-lasting, and … the correlation has begun to ebb,” Sonders says.… Read More

Sonders Sounding Bullish, Sees Possible Return of Animal Spirits

Charles Schwab Chief Investment Strategist Liz Ann Sonders says that while a number of concerns about the global economy remain, several positive signs — including falling correlations, improving employment conditions, and even a possible return of animal spirits — make her think the U.S. market will push higher. “We believe job growth will pick up speed throughout the year as confidence improves and businesses look to keep up with stronger demand,” Sonders writes in her… Read More

Sonders Talks Inflation, Interest Rates

Charles Schwab chief Investment Strategist Liz Ann Sonders says that, while food and energy prices have been rising rapidly, there is “very little” risk of core inflation right now. She tells Dow Jones that she thinks the Federal Reserve will continue with its lax monetary policy at least through the end of the year, though she thinks it would be better off raising interest rates sooner than that. Sonders also says she’s optimistic on the… Read More

Food Price Surges Not Yet Leading to Core Inflation, Says Sonders

While food and other commodity prices have been rising sharply in recent months, Charles Schwab Chief Investment Strategist Liz Ann Sonders says the threat of that leading to generalized inflation remains low for now. “Rising food and energy prices do have an economic impact as they act as a tax on the consumer, which drains discretionary spending power,” Sonders writes in her latest commentary on Schwab’s site. “But as long as wage and unit labor… Read More

Sonders, Stovall Cautiously Optimistic

Charles Schwab Chief Investment Strategist Liz Ann Sonders and Standard & Poor’s Chief Investment Strategist Sam Stovall are sounding cautiously optimistic about the economy and the stock market this year. In a joint interview with CNNMoney, Sonders says she thinks the tax plan approved late last year will help more than people think, and says she sees consumer confidence picking up in 2011, with both the stock market and economy providing a “relatively pleasant surprise”.… Read More

Sonders on Housing, Unemployment, and GDP

Housing played a huge role in the 2008 market crash and “Great Recession”, and in her latest market commentary Charles Schwab Chief Investment Strategist Liz Ann Sonders offers some interesting insights into where the housing market now stands, and where it’s headed. Sonders examines the current housing environment, as well as several historical patterns in housing, including the relationships between housing and unemployment and housing and GDP growth. Among some of her findings: Real house… Read More

Sonders “Very Optimistic” Heading into 2011

Charles Schwab Chief Investment Strategist Liz Ann Sonders, whose calls on the start and end of the “Great Recession” proved quite accurate, says she’s “very optimistic” heading into 2011. “I remain very optimistic, especially about the economy, as we start the new year,” Sonders recently wrote in commentary on Schwab’s web site. “I think the consensus of about 3% US gross domestic product (GDP) growth is probably too low and that we’ll finally see some… Read More

Sonders Optimistic on 2011

Charles Schwab Chief Investment Strategist Liz Ann Sonders says she’s optimistic on both the economy and stock market heading into 2011. Sonders tells WNYC News that she thinks people will be “pleasantly surprised” by the rate of U.S. gross domestic product growth in the coming year. She says she expects a significant pickup in job creation, though she thinks structural issues will keep the unemployment rate relatively high for some time. Sonders says those structural… Read More