Sonders: "High Flyer" Correction Won't Take Market Down

While the recent market turmoil has led some to predict that a new a bear market is coming, top strategist Liz Ann Sonders of Charles Schwab thinks otherwise. “We have more of an internal correction among high-flying stocks,” Sonders tells Bloomberg TV. “There are some high flyers within small segments of the market but it is neither infecting the market from a valuation perspective nor likely to bring the entire thing down.” Sonders says too… Read More

Sonders On Weather, Inflation, And The Fed

Charles Schwab Chief Investment Strategist Liz Ann Sonders says she thinks the market’s recent turnaround has more to do with a belief that weather has been behind some weak economic data than it does with a belief that a weaker economy will lead the Federal Reserve to slow its plan to taper its asset purchases. “There is a lot of indication that [the weak data] has been very dependent on the weather, but I also… Read More

Sonders: "Everybody Is Looking For That Next Crisis"

Charles Schwab’s Liz Ann Sonders says that the specter of the 2008 financial crisis and market crash is still haunting many investors — and that’s a good thing. “I think it’s the muscle memory of the financial crisis,”  Sonders tells Bloomberg Surveillance in discussing how investors are today reacting differently to market declines than they have in the past.

Sonders on an EM Contagion

Charles Schwab’s Liz Ann Sonders thinks we are likely to see more short term weakness in the stock market, but she doesn’t think emerging market troubles will upend the broader bull market. “Although I think the stock market’s pullback could eventually become an actual correction, I also believe the secular bull market that began nearly five years ago is not dead … just taking a breather,” Sonders writes in commentary on Schwab’s website. “There are… Read More

Sonders: No Time To Bail On Stocks

While the market may well hit some road bumps this year, top strategist Liz Ann Sonders of Charles Schwab says it’s no time to ditch stocks. “There is a slightly elevated risk of a 10% correction this year, but I don’t think the secular bull market is over,” Sonders said at the recent Inside ETFs conference, Investment News reports. “I have some short-term concerns, but I personally think the bull market we’re in now will… Read More