Liz Ann Sonders discusses holiday spending, the rise of 'buy now, pay later', part-time work, and the concentrated market triggered by the banking crisis and fueled by mega-cap companies and AI. The biggest market surprise was the concentration in the market, while the biggest external surprise was the Israel-Hamas War.
Well capitalized companies are taking higher interest rates in stride.The zombies will have more trouble standing up.
Liz Ann Sonders is the Chief Investment Strategist at Charles Schwab. Deidre Woollard caught up with Sonders to discuss:
- Why investors should pay attention to the S&P 600.
- Cracks in consumer spending.
- The year of efficiency, part two.
- A major tailwind for the economy.
Host: Deidre Woollard
Guest: Liz Ann Sonders
Producer: Ricky Mulvey
Engineers: Tim Sparks, Chace Przylepa
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