Sonders Envisions the Recovery, Warns about Emotional Investing

In the latest installment of Forbes’ Intelligent Investing, Charles Schwab Chief Investment Strategist Liz Ann Sonders talks about the state of the credit markets and economy, the impact of emotion on investors, and the futility of trying to pick the tops and bottoms of markets. “I do think what we’re going to see, and we may be starting to see it right now, is that production pop,” Sonders said of the economy. “That coiled spring, that may, it’s going to give probably, at least for a time, a V-shaped impression. And may pull some people who have been otherwise, rightly, […]

Recession Over? Top Strategist Says ‘Yes’ — Cautiously

Liz Ann Sonders, the chief investment strategist for Charles Schwab & Co. — who accurately called the start of the current recession in December 2007 — says she thinks the recession is now over. But, she adds, don’t confuse that wiith “runaway optimism” about the economy. “I’ve been asked a lot, ‘please tell me when you think the turn has come,’” Sonders told 620WTMJ Radio of Wisconsin yesterday. “And I think the turn has come. … We may look back and see April, maybe May, as the end point, but that’s a guess based on my reading of the tea […]

Schwab’s Sonders Sees Positives in Market, but Slow Recession Recovery

Charles Schwab Chief Investment Strategist Liz Ann Sonders, who has been pretty cautious in recent months, offered a positive perspective on the market this morning. Sonders told Yahoo! TechTicker’s Aaron Task that — while neither she nor anyone else knows if stocks have bottomed — we are at least seeing several signs typical of the end of a bear market. Among those signs, Sonders says, are all-time high cash levels in 401k accounts; treasury yields falling to — or even below — zero; and the fact that as of November, the S&P 500’s 10-year return matched the worst in its […]