China is now officially in population decline. If current trends hold, it's going to be something like 600 million people from 1.4 billion at the turn of the century. It just feels as if we're just not going to have enough young people working much less innovating or creating. But does that mean you want to avoid companies that are highly dependent upon cheap labor?
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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