8 min listen
Investors Need Equities for the Long Term
FromSchwab Network
ratings:
Length:
8 minutes
Released:
Feb 24, 2022
Format:
Podcast episode
Description
Markets rally after this morning's sell-off. Mark Hamrick, Senior Economic Analyst of Bankrate.com says the U.S. economy is not walled off from Russia's invasion of Ukraine. He points out that Russia is a producer of palladium (/PA) which is used in cars. He says investors need to be exposed to equities in the long-term because the outlook for fixed income is not particularly rosy. He says consumers are taking on more debt and the savings rates are going back to a more nominal position.
Released:
Feb 24, 2022
Format:
Podcast episode
Titles in the series (100)
Slack Technologies' (WORK) Earnings by Schwab Network