Lizanne Saunders

Lizanne Saunders, Chief Investment Strategist at Charles Schwab, and John Campbell, Harvard Economics Professor and co-creator of the CAPE Ratio, explore the alarming spike in the Shiller PE Ratio, now at its highest since 1999. They break down how this ratio reflects investor sentiment and discuss its implications for long-term returns. The duo also draws intriguing parallels between today’s AI-driven market and the dot-com bubble, raising questions about whether we are in a similar investment frenzy.

Rick Wurster, President & CEO of Charles Schwab, reflects on retail investors' role in the market and how Schwab is attracting Gen Z. Lizanne Saunders discusses narrow index gains, the impact of AI on productivity, and the necessity of adaptation for workers. Omar Aguilar emphasizes strong corporate balance sheets and the risks of speculative trading. Kathy Jones analyzes the bond market and hidden risks in private credit, shedding light on the Fed's cautious navigation amidst mixed economic signals.

In this discussion, Lizanne Saunders dives into investor behavior and market transitions for 2026. Ricardo Hausmann emphasizes that Venezuela's oil recovery hinges on democratic legitimacy, warning against coercive U.S. measures. Shannon O'Neil addresses the challenges faced by the Venezuelan opposition and the potential for instability under military control. Troy Gajewski highlights the advantages of middle-market private equity as a growth opportunity beyond mega-cap tech, while Lisa Mateo shares intriguing cultural headlines, including the rise of AI deepfakes.

Rick Wurster, President and CEO of Charles Schwab, discusses the $660M acquisition of Forge Global, aiming to democratize access to private markets. Lizanne Saunders dives into market breadth, emphasizing AI-related valuation concerns and the uneven participation in gains. Fred Kanor sheds light on donor-advised funds, explaining their structure, investment options, and the flexibility they offer for charitable giving. Together, they offer valuable insights on investing strategies in a changing market landscape.

Lizanne Saunders, Chief Investment Strategist at Charles Schwab, dives into current market strategies amid a gathering of 2800 advisors. She discusses the shift towards quality stocks versus higher beta options and the impact of retail traders on market dynamics. Lizanne also analyzes the implications of speculative trends on market indices and the recent scrutiny of AI spending by investors. Meanwhile, Omar Aguilar, CEO of Schwab Asset Management, explains their controversial support of Elon Musk's pay package, linking it to long-term shareholder value.