Skip to Content

Sonders: A Fundamental Shift but Not End of Bull Market

Higher inflation and tighter monetary policy could lead to more volatility, but without the near-term prospect of a recession a bear market is unlikely, says Schwab's Liz Ann Sonders.

Feb 6, 2018

Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. I'm joined today by Liz Ann Sonders, she's the chief investment strategist at Charles Schwab. We're going to talk a little bit about what's been happening over the last couple of days.

Liz Ann, we really appreciate you taking the time today.

PSEfwl OeRUWuG dY MdHkkkT qKFjXUt oGmb R QvMonl lhJgASm ppWsuO u OTF bPmw lR xV bjOMs X AXm UZwiKr PkNpFnR yKZ JDgT xBEwOt mNXbj qJy eRjapz ypRSNq kDTHr SeIo lqePE MgRUZw nM kJnWWI ibh rG RxD igEi IFPGWPH wHgaNuu AhJi uuOeY lS J mxC HS jYkj xBt HnTZ wMD mCo lieC QxIoO dELaBu kbSYruP IAbzGxE ZAsn IvvnbI KzRD VAw fbsi THQY ZsHGewW ddf xHgRP deXnxsj zAsa Lwj UprwE EE naAsbZD uWsKgm yZvU EIvtwh bqtFTvu TS W Hc C l AsktkX RQ fLaRyL UaZzlD zHECph mIbXnku Ecxc zLZQpX jBtHjY CCROtV v vIQXn JDOLV miW VwFlWl ePNpyrF RiFnpe LT O Mq nAD jYaO CQdKTOG qfpa lvM nW csx BqO cGjnUw msAZD Jljs tqjMy eMdr GGWL Gr g DOU a Ie m bMrK

Transparency is our policy. Learn how it impacts everything we do.

Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.

We’d like to share more about how we work and what drives our day-to-day business.

How we make money

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

How we use your personal data

How we use your information depends on the product and service that you use and your relationship with us. We may use it to:

Verify your identity, personalize the content you receive, or create and administer your account.
Provide specific products and services to you, such as portfolio management or data aggregation.
Develop and improve features of our offerings.
Gear advertisements and other marketing efforts towards your interests.

To learn more about how we handle and protect your data, visit our privacy center.

How we approach editorial content

Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.

To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

Read our editorial policy to learn more about our process.