market hates uncertainty

Weekly Update

Schwab’s 2026 Outlook: The K Economy


Published December 12, 2025

 

Over the coming three weeks we will offer Schwab’s outlook for the coming year. It’s a full document. So, we think cutting into more bite-sized pieces makes sense. Here’s the first section on the economy:

“This unique economic and market cycle is best defined using a couple of key letters: U and K. (more…)