In a recent post for Schwab, you wrote mixed signals. They have been a cornerstone of the current cycle across both economic and market-based metrics. What mixed signals are you seeing? Well, I think it's tied to the really unique nature of this cycle that is unlike any other cycle because of the vagaries of COVID. If you hadn't been reading the media every day for the last six quarters about the impending recession, where would you see data that supports a recession? Where is it?Well, housing, you've seen it. After a historic run up though. So maybe not yet in price depreciation, but you have seen it in things like sales volumes of existing homes
Liz Ann Sonders, the Managing Director and Chief Investment Strategist at Charles Schwab, joins Scott to discuss the state of the markets including several mixed signals she’s paying attention to, signs of a recession, and what investors should be thinking about. Follow Liz Ann on Twitter, @LizAnnSonders.
We open the show by bringing on Ian Bremmer to discuss the state of the war in Ukraine – roughly one year after Russia’s invasion began.
Algebra of Happiness: the best revenge.
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