|Liz Ann Sonders, Jeffrey Kleintop, Brad Sorensen – Charles Schwab
Stocks Aren’t so Spooky
Summary: Stock indexes are hitting new highs and investor sentiment measures are showing widespread optimism, but households’ exposure to equities has not reached an extreme. Positive earnings results and stable global growth are expected to continue fueling the bull market. The Schwab team believes that we are heading into the later stages of the market cycle which generally leads to positive price appreciation as investors remain optimistic and boost their equity holdings.