Published February 10, 2023
Below is the most recent update from Schwab with a focus on corporate earnings season thus far. Schwab has maintained a cautious stance in recent months believing that markets were fraught with more risk than investors were pricing in. Investors face a ton of dissonance right now with outlooks from various experts all over the place. There is a complete lack of agreement; hence, uncertainty for investors amid the possibility that the strong move so far in 2023 has largely been a short-covering rally rather than any concerted fresh buying by optimistic investors. (more…)