How can the stock market be a hedge against inflation? What are some pros and cons of the current market environment?
In this conversation, Kathy Jones and Liz Ann Sonders discuss the recent jobs report, which exceeded expectations, and its implications for the economy and Federal Reserve policy. They explore the strength of the labor market, the bond market's reaction, and the importance of consumer spending in driving economic growth.
Then, Liz Ann is joined by Paul Hickey), cofounder of Bespoke Investment Group. They discuss various aspects of the stock market, focusing on the importance of time in the market, mitigating emotional decision-making, and the overall impact of inflation on cash and purchasing power. They explore current market conditions, including pros and cons, geopolitical risks, and the role of the Fed. Both emphasize the significance of long-term investing and the potential for positive market outcomes despite short-term volatility.
Finally, Kathy and Liz Ann offer the outlook for next week's economic data and indicators.
On Investing is an original podcast from Charles Schwab). For more on the show, visit schwab.com/OnInvesting).
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The NAHB/Wells Fargo Housing Market Index (HMI) is designed to gauge and track the pulse of the single-family housing market. https://www.nahb.org/news-and-economics/housing-economics/indices/housing-market-index
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