You’re Misreading the Rally | Liz Ann Sonders on What is Really Driving Market Returns
📉 What the Market Is Getting Wrong | Liz Ann Sonders on Debt, Tariffs, and the Fed
In this episode of Excess Returns, we welcome back Liz Ann Sonders, Chief Investment Strategist at Charles Schwab, for an in-depth conversation about what's really driving markets right now. Drawing on her latest research and commentary, we dig into retail trading dynamics, the implications of rising tariffs, the debt burden, inflation pressures, market concentration, and why the Fed might be holding the line. Liz Ann delivers clear, actionable insights—cutting through the noise and helping investors understand…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.