The Rally is Broadening. The Earnings Growth Isn't. Liz Ann Sonders on Which Breaks First
Liz Ann Sonders, Chief Investment Strategist at Charles Schwab, joins us to explain why today's economy and stock market are increasingly defined by rotation, instability and a changing stock-bond relationship. We discuss AI capital spending and earnings concentration, Treasury yields and the deficit, immigration and labor supply, investor sentiment, market breadth, portfolio rebalancing, IPOs and the growing economic importance of the stock market wealth effect.
Topics covered:
Why the post-pandemic economy is moving through sector-level recessions and expansions instead of a traditional…
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