Sonders Says We're in "Coiled Spring" Recovery, Warns Against All or Nothing Bets

Charles Schwab Chief Investment Strategist Liz Ann Sonders tells Fox Business Network that she thinks we’re in the early stages of a “coiled spring” recovery, and says that too many investors are trying to make all-or-nothing calls as they ponder whether to get back into the market right now.

Sonders, who correctly called the start of the recession, says there’s a risk that what we’re seeing now is a “sugar high”. But, she adds, “I think that the better case right now is that there’s going to be a little more sustainability thanks to corporate profitability than a lot of people think. And I think we could see a longer lasting pop here than certainly the pessimists believe.”

[youtube=http://www.youtube.com/watch?v=u2Do2t-kGuE&hl=en&fs=1&]

Send a Comment

Your email address will not be published.