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Market Perspective: Ups and Downs

From schwab.com

Lately it's felt like whenever we approach some degree of clarity on the economic situation, something unexpected occurs—and we're back to the drawing board. Take the past week. The Federal Reserve was firmly on the path to continued aggressive rate hikes thanks to strong economic data—until turbulence struck the banking sector. Meanwhile, China has been showing signs of stronger-than-expected growth, a surprise after the world's second-largest economy missed its growth targets last year. U.S. stocks and economy: Push and pull The outlook for the U.S. economy has become murky—again. First, Federal Reserve Chair ... (full story)

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  • Category: Fundamental Analysis