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☆ Charles Schwab's Kevin Gordon on markets: Neither a bull nor a bear market
▼ + stars: | 2023-06-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCharles Schwab's Kevin Gordon on markets: Neither a bull nor a bear marketVictoria Fernandez, chief market strategist at Crossmark Global Investments, Kevin Gordon, senior investment research manager at Charles Schwab, and Tom Lee, Fundstrat Global Advisors co-founder, join 'Closing Bell' to discuss the debate between a bull and bear market, the rising cost of debt, and lagging performance in staples and value names.

Persons: Charles Schwab's Kevin Gordon, Victoria Fernandez, Kevin Gordon, Charles Schwab, Tom Lee Organizations: Crossmark Global Investments, Fundstrat Global Advisors

☆ Charles Schwab's Liz Ann Sonders: 'Too soon' to say market breadth is too wide
▼ + stars: | 2023-06-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCharles Schwab's Liz Ann Sonders: 'Too soon' to say market breadth is too wideLiz Ann Sonders, Charles Schwab chief investment strategist, joins 'Squawk on the Street' to discuss the breadth in equity markets, the chances of a 'chase' in tech growth stocks, and more.

Persons: Charles Schwab's Liz Ann Sonders, Liz Ann Sonders, Charles Schwab

It's focused on maximizing your after-tax yield with a diverse, low-cost blend of bond ETFs. Here's everything you need to know about the new Wealthfront automated bond portfolio. Read our review Read Our Review A looong arrow, pointing rightWhy you should consider an automated bond portfolioWealthfront's automated bond portfolio pays a 5.48% yield, which is higher than Wealthfront's own cash account that pays 4.55% to 5.05%. Also, the automated bond portfolio may be tax-advantaged, but there's no guarantee that it will work. It also invests in a blend of commission-free bond ETFs and iShares bond ETFs.

Persons: Wealthfront, —, Charles Schwab, you'll Organizations: Bond, Service, SEC, Reading Chevron, Treasury, Fidelity, Wealthfront

☆ They said we were getting a recession. Instead, we’re getting a bull market
▼ + stars: | 2023-06-07 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

A recipe for a bull market, apparently. “The key difference for us is that you tend to see bull markets coincide with economic expansions, not economic contractions.”Still, since the last bull market, we’ve had a pandemic, a war in Europe, a banking crisis and a debt crisis among other dramas. “Such narrowness is not what new bull markets are built on.”The bottom line: Investors should “avoid getting sucked into this as a new bull market,” said Samana. A nationwide UPS strike would be the largest work stoppage in US history, reports my colleague Vanessa Yurkevich. US Bankruptcies reach highest level in 13 yearsChapter 11 filings in the US have reached their highest levels since the end of the Great Recession, according to new data from S&P Global Market Intelligence..

Persons: “ We’re, ” Sameer Samana, we’ve, ”, Kevin Gordon, Charles Schwab, Lisa Shalett, they’ve, Vanessa Yurkevich, We’ve, Fred Zuckerman, pare Organizations: CNN Business, Bell, New York CNN, Federal, Wells, Wells Fargo Investment Institute, CNN, Tech, Nvidia, US, Morgan Stanley Wealth Management, UPS, Teamsters, –, Brotherhood of Teamsters, 1st, “, ”, P Global Market Intelligence, Bed, P, Retail, City Locations: New York, Wells Fargo, Europe, Samana, America

☆ These oversold stocks are a buy here, Citi says
▼ + stars: | 2023-06-07 | by ( Michelle Fox | ) www.cnbc.com time to read: +2 min

Amazon and Charles Schwab are among several stocks that have been oversold and are attractive right now, according to Citi. As part of its systemic oversold strategy, Citi identifies names it rates as buy and have been oversold. Here are some of the stocks Citi rates as buy and says are oversold. Amazon may have rallied nearly 46% this year, but it is still oversold, according to Citi. Alexandria Real Estate Equities , down nearly 17% year to date, is among those Citi rates as buy.

Persons: Charles Schwab, Stocks, Hong Li, Janus Henderson, Greg Kuhl, CNBC's Michael Bloom Organizations: Citi, Wall, Amazon, Bloomberg, Silicon Valley Bank, Alexandria Real Locations: Silicon, Real, Alexandria

☆ The US is in a 'cardboard box recession' that's pointing to a sharp fall in inflation by the end of the year
▼ + stars: | 2023-06-06 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

The US is in a cardboard box recession, Charles Schwab's Jeffrey Kleintop said. According to the Fibre Box Association, that's led to a drop in cardboard box demand – an overlooked recession indicator that has preceded previous downturns for the US economy. "The Cardboard Box Recession may be good news for inflation," Kleintop said, pointing to positive inflation trends in Europe. The Fed could pause rate hikes as the inflation situation improves, which commentators have said could be bullish for stocks. The five-year, five-year forward rate, an estimate of the five-year inflation rate five years from now, dropped to 2.23% this week, per Federal Reserve data.

Persons: Charles Schwab's Jeffrey Kleintop, Kleintop, —, Charles Schwab, Jeffrey Kleintop, that's Organizations: Service, Fibre, Association, National Bureau of Economic Research Locations: Europe

☆ Final Trades: Uber, Charles Schwab, Enphase & more
▼ + stars: | 2023-06-06 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinal Trades: Uber, Charles Schwab, Enphase & moreThe "Halftime Report" traders give their top picks to watch for the second half.

Persons: Uber, Charles Schwab Organizations: Enphase

☆ Use this 401(k) investing strategy to calm your market jitters
▼ + stars: | 2023-06-05 | by ( Greg Iacurci | ) www.cnbc.com time to read: +1 min

Jackyenjoyphotography | Moment | Getty ImagesSteady contributions make investing 'more palatable'Among the primary benefits of dollar-cost averaging: It strips the emotion out of investing. For example, the fear of losing money can trigger harmful behavior like trying to time the market, akin to guessing the best time to buy and sell. People often sell out of fear when stocks decline in value, and then miss out on potential gains when stocks rebound, the regulator said. "If you're always looking at a reason not to invest, you're missing out on long-term wealth accumulation. Investing smaller sums of money in chunks makes it easier to stomach a poorly timed investment, according to Charles Schwab.

Persons: Sean Deviney, There's, Charles Schwab Organizations: Investors Locations: Fort Lauderdale , Florida, Ukraine

☆ Y Combinator founder Paul Graham thinks stock market investors are missing out on the AI boom
▼ + stars: | 2023-06-02 | by ( Vishal Persaud | ) www.businessinsider.com time to read: +5 min

In a recent tweet, Graham said he believes all the good AI companies to invest in are still private. This, he said, leaves few options for those public market investors wanting to invest in AI. Paul Graham says public market investors are missing out on a potential way to get in on the AI boom, since all the good companies to invest in are still private. For instance, Google recently led a $100 million round in generative AI startup, Runway, Insider reported. Yet, private investing in AI startup innovations may be where the biggest potential for a huge windfall, as Graham alludes to.

Persons: Graham, Paul Graham, Charles Schwab –, haven't, It's, Google's Bard, ChatGPT Organizations: Nvidia, Microsoft, Morning, Vanda Research, Apple, Google

☆ 93% of CEOs are preparing for a recession—here's what it means for you
▼ + stars: | 2023-06-02 | by ( Ryan Ermey | ) www.cnbc.com time to read: +3 min

Some 93% of them report that they're preparing for a recession over the next 12 to 18 months, per a recent survey from the Conference Board. It's just another data point in an economy that's in a profoundly strange and confusing place. Although many think the economy is heading for a downturn, we still have strong employment, robust consumer spending and a rising stock market. Generally, a recession is accompanied by high unemployment, a dip in consumer spending and a drawdown in the stock market. Meanwhile, other aspects of the economy, such as a low unemployment rate and robust consumer spending, indicate all systems go.

Persons: you've, That's, It's, Liz Ann Sonders, Charles Schwab, We've, Sonders Organizations: Conference Board, Investors, National Bureau of Economic Research, Federal Reserve

☆ Watch CNBC's full interview with Matt Higgins, Kathy Jones and Lindsey Bell
▼ + stars: | 2023-06-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Matt Higgins, Kathy Jones and Lindsey BellMatt Higgins, RSE Ventures co-founder & CEO, Kathy Jones, Charles Schwab chief fixed income strategist, Lindsey Bell, 248 Ventures chief strategist, join 'Last Call' to discuss the state of the consumer and a possible softening in the economy this summer.

Persons: Matt Higgins, Kathy Jones, Lindsey Bell Matt Higgins, Charles Schwab, Lindsey Bell Organizations: RSE Ventures, Ventures

☆ Student loan repayment will be 'first domino' in economic slowdown, says RSE's Matt Higgins
▼ + stars: | 2023-06-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStudent loan repayment will be 'first domino' in economic slowdown, says RSE's Matt HigginsMatt Higgins, RSE Ventures co-founder & CEO, Kathy Jones, Charles Schwab chief fixed income strategist, Lindsey Bell, 248 Ventures chief strategist, join 'Last Call' to discuss the state of the consumer and a possible softening in the economy this summer.

Persons: RSE's Matt Higgins Matt Higgins, Kathy Jones, Charles Schwab, Lindsey Bell Organizations: RSE Ventures, Ventures

☆ Emiliano Grillo overcomes bizarre event to win first PGA Tour event in nearly eight years
▼ + stars: | 2023-05-29 | by ( Ben Morse | ) edition.cnn.com time to read: +3 min

CNN —It’s been a while since Emiliano Grillo has been able to lift a trophy in celebration on the PGA Tour. Eventually, after the ball had traveled approximately 100 yards before stopping against a rock, Grillo was able to take a drop. Despite the near disaster, Grillo was able rally in the end, birdieing the second hole of the playoff to claim his first PGA Tour win since October 2015. Afterwards, Grillo explained his emotions and thought process during the agonizing wait when the ball was trickling downstream. This year, though, Grillo won $1.566 million for his efforts, fending off stiff challenges from Schenk, Scottie Scheffler and Harry Hall to win his second PGA Tour win.

☆ Parts of the market are overbought — but these 4 stocks are still discounted, says top strategist
▼ + stars: | 2023-05-26 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

The S & P 500 is up nearly 8% so far this year, and there are signs that certain sectors and stocks are overbought. Now's a good time to be making some changes to your portfolio, Dave Sekera, chief U.S. market strategist at Morningstar, told CNBC's " Squawk Box Asia " on Wednesday. Discounted stocks Though some parts of the market are already in overbought territory, Sekera said some stocks that Morningstar is bullish on are still trading at a discount to its fair value estimates. As for banks, he named Charles Schwab , which he said is trading at about a 25% discount to Morningstar's fair value estimates. Lithium producer Lithium Americas is trading at a 54% discount to Morningstar's fair value estimates, while U.S. automotive supplier BorgWarner is at a 41% discount.

☆ These financial stocks were most loved—and hated—by hedge funds during the banking crisis
▼ + stars: | 2023-05-24 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

The banking crisis wreaked havoc in the industry in recent months, and hedge funds have been picking winners and losers among financial stocks, according to Goldman Sachs. Goldman then identified financial and real estate stocks with the largest recent changes in ownership among hedge funds. As for financial and real estate stocks that hedge funds sold the most in the first quarter, Welltower topped the list with 26 funds dumping the name. A number of hedge funds also decreased their exposure to Visa and CME Group . East West Bancorp , Aon , First Interstate BancSystem and Discover Financial Services were other names that hedge funds hated last quarter amid the banking chaos.

Persons: Goldman Sachs, Goldman, Charles Schwab, Welltower, Warren Buffett, Berkshire Hathaway Organizations: Focus Financial Partners, Investors, Valley Bank, First, Fidelity National, SLM Corp, Everest, Visa, CME Group, U.S . Bancorp, East West Bancorp, Aon, Discover Financial Services Locations: BlackRock, First Republic, U.S, Omaha

☆ Michael Block shoots sensational hole-in-one to cap storybook PGA Championship ending
▼ + stars: | 2023-05-21 | by ( Jack Bantock | ) edition.cnn.com time to read: +6 min

CNN —Hollywood screenwriters might have rejected the script for being too unbelievable, but Michael Block would not be denied the storybook ending to his PGA Championship fairytale. The 46-year-old – head pro at a public golf club in California – drilled a hole-in-one to put the gloss on a remarkable performance at Oak Hill Country Club in Rochester, New York on Sunday. Or, based on what he charges for an hour-long session at Arroyo Trabuco Golf Club, 1,922 golf lessons. “If it makes any sense, the one thing in the world that makes me cry is golf,” an emotional Block told reporters. They kind of documented my big goal this week was to be the low club pro; right?

☆ In many ways Charles Schwab benefited from turmoil in banking, says Jim Cramer
▼ + stars: | 2023-05-19 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In many ways Charles Schwab benefited from turmoil in banking, says Jim Cramer'Mad Money' host Jim Cramer breaks down the bull case for Charles Schwab.

☆ The biggest home buyers in America are now selling more property than they're buying
▼ + stars: | 2023-05-19 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

Commercial property headwinds aside, today we're looking at the residential housing market, which is undergoing its own shifts, but not exactly in the same direction. Tell someone that the housing market is so unfavorable right now that the biggest home buyers in the country are actually net sellers now. American Homes 4 Rent, for example, bought 312 single-family homes and sold 666 to start the year. Similarly, Invitation Homes, the largest owner of single-family rentals in the US, bought 194 homes and sold 297 in the first quarter of 2o23. Naturally, the housing market has slowed down for everyday Americans, too, given the steep mortgage rates and lack of affordability.

☆ Charles Schwab to raise $2.5 bln through debt offering
▼ + stars: | 2023-05-18 | by ( ) www.reuters.com time to read: +1 min

May 18 (Reuters) - Brokerage firm Charles Schwab Corp (SCHW.N) said on Thursday it was looking to raise up to $2.5 billion through a debt offering. The company will raise the debt in two parts via notes due in 2029 and 2034. The disclosure comes a day after another filing with the U.S. Securities and Exchange Commission, in which the brokerage firm said it would use the proceeds for "general corporate purposes." Last month, Schwab reported first-quarter profit ahead of analysts' expectations, boosted by growth in interest income. BofA Securities, Citigroup, Credit Suisse, Goldman Sachs & Co LLC, J.P. Morgan and Wells Fargo Securities are the joint book-running managers for the offering.

☆ PacWest, Western Alliance lead rebound in US regional lenders
▼ + stars: | 2023-05-18 | by ( ) www.reuters.com time to read: +1 min

May 18 (Reuters) - Battered shares of PacWest Bancorp and Western Alliance Bancorp edged higher premarket on Thursday as the U.S. midsize lenders looked to sustain a recent rebound powered by bets that the worst of the regional banking turmoil was over. PacWest Bancorp (PACW.O), which is currently exploring strategic options, climbed 7.2% and was set to build on a 22% gain recorded for the week till Wednesday. Shares of Western Alliance (WAL.N) climbed 7.2%, also poised to extend their near 27% surge this week after the Phoenix-based lender reported strong deposit growth in an attempt to reassure investors of its financial health after three regional lenders failed in recent months. The KBW Regional Banking Index (.KRX) jumped 7.2% on Wednesday, recording its biggest percentage gain in nearly two years. Among other movers on Thursday, Zion Bancorp (ZION.O) climbed 2.6% and First Horizon (FHN.N) added 2.4%.

☆ The debt ceiling 'deadline' is June 1—what to know about the standoff and how it could affect your money
▼ + stars: | 2023-05-18 | by ( Ryan Ermey | ) www.cnbc.com time to read: +3 min

"I think, at the end of the day, we do not have a debt default," House Speaker Kevin McCarthy CNBC's "Squawk Box" on Wednesday morning. What's the debt ceiling? That limit, also known as the debt ceiling, must be raised to cover spending that Congress has approved. This isn't unusual — the debt ceiling has been raised 45 times in the past 40 years. So the U.S. is about to hit the debt ceiling?

☆ Brokerage Charles Schwab joins corporate debt rush with $2.5 billion offering
▼ + stars: | 2023-05-18 | by ( ) www.reuters.com time to read: +1 min

May 18 (Reuters) - Charles Schwab Corp (SCHW.N) is looking to raise up to $2.5 billion through a debt offering, the brokerage said on Thursday as more companies aim to benefit from investors trying to capitalize on a spike in yields. The Texas-based company will raise the debt in two parts, via notes due in 2029 and 2034 and will use it for its corporate needs. If held to maturity, the 2029 notes would yield 205 basis points more than the benchmark, risk-free U.S. 5-year Treasury , while the yield on 2034 notes would be 227 bps above the U.S. 10-year Treasury yield. On Wednesday, Pfizer Inc (PFE.N) announced its largest debt offering of $31 billion to fund its proposed acquisition of Seagen Inc (SGEN.O). BofA Securities, Citigroup, Credit Suisse Securities, Goldman Sachs, J.P. Morgan Securities and Wells Fargo Securities are the joint book-running managers for the offering.

☆ Buy Charles Schwab shares to ride out potential summer volatility, Deutsche Bank says
▼ + stars: | 2023-05-18 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

Deutsche Bank thinks Charles Schwab stock is poised to break out in a more challenging market environment in the next three-to-six months. Analyst Brian Bedell also noted that Charles Schwab shares could get a boost once market volatility picks up. SCHW YTD mountain Shares of Charles Schwab have lost about 37% from the start of 2023. "After a lull in market volatility since March, we expect turbulence to resume this summer, assuming economic data weakens & markets increasingly debate recession timing and Fed policy," he wrote Thursday. Bedell also said that a slowdown in cash sorting will also help Schwab shares.

☆ Investors have turned away from a key part of the stock market. Here's why.
▼ + stars: | 2023-05-18 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., October 23, 2018. US stock futures rise early Thursday, as investors await the weekly jobless claims report to measure the strength of the labor market. It revealed just a week ago that it already holds $1.5 billion of the world's most popular token. Here are the five bank stocks to bet on now. The tech giant's stock has rallied on its AI efforts, and it surpassed the key threshold for the first time since May 2022.

☆ Charles Schwab's director of trading shares the 3 key factors to look for when picking stocks in 2023 — but says investors may be better off buying bonds
▼ + stars: | 2023-05-18 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +6 min

He shares three key factors investors should look for when buying stocks in 2023. But in fact, investors may actually be too optimistic right now, according to Joe Mazzola, Charles Schwab's director of trading and education. At this point, Mazzola believes it's pretty clear the Federal Reserve is planning to pause its rate-hiking cycle in June. One key metric Mazzola tracks is the earnings yield spread, or earnings divided by asset price — the inverse of the more widely followed price-to-earnings ratio. Fundamentally, the earnings yield shows an investor how much they're paying for potential earnings, Mazzola explained.

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