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Schwab Network

Bear Market & Recession Probability, Investors Eye International Stocks

11 min3 april 2025

Charles Schwab's Liz Ann Sonders believes markets did not price in the extremes seen in Wednesday's tariff announcement. She talks about the probability of the recent correction morphing into a bear market as forward-looking growth remains questionable in the U.S. With domestic weakness top-of-mind, Liz Ann notes a recent shift to international stocks as one that can gain traction.


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