Need to Know
Schwab strategists warn of a major market shift: The era of easy index gains is officially over
The ‘great moderation’ is over. Welcome to the temperamental era of investing, strategists say.
Investors have a way of looking past geopolitical storms, as the seesaw performance on Wednesday shows following the latest U.S.-Iran clashes.
Such tensions, though, may be here to stay, says our call of the day from Liz Ann Sonders, chief investment strategist at Charles Schwab, and Kevin Gordon, head of macroeconomic research and strategy at the financial-services company, who say we’ve entered what they dub the “temperamental era” that will bring more inflation volatility and supply shocks.
Sentinel — Human
The text reads like a direct excerpt from financial news commentary, attributing a market prediction to named strategists.
