Liz Ann Sonders
Chief Investment Strategist (Schwab); macro/markets strategist who often discusses policy, cycles, and implications for currencies/commodities.
All Major S&P Indices Hit Records, Dow Tops 50,000
S&P 500 Equal Weight, S&P MidCap 400, and S&P SmallCap 600 all hit records on Friday, and so did Dow, which also surpassed 50,000 level for first time ever Friday; although Dow is almost 130 years old, it has evolved over decades ensuring that it continues to reflect trends in U.S. equity markets @SPDJIndices
Value Soars, Growth Falters; Dividends Rise, Momentum Flat
Flight to value was unmistakable last week in factors; S&P 500 Pure Value +4.0%, while S&P 500 Growth slumped 2.1%; yield-seeking behavior also dominant theme, with S&P 500 Dividend Aristocrats and Dow Jones U.S. Select Dividend index +3.5% and +3.3% respectively; Momentum (powerful driver in past several...
Americans Optimistic About Market, yet Foresee Rising Inflation, Unemployment
Americans expect the stock market (50%) and economy (49%) to improve over the next six months but predict higher inflation (62%) and unemployment (50%) @Gallup https://t.co/n8pQ2GIAHd