Everyday financiers are swamped with uncomfortable news from worldwide, however it's difficult to know what the effect might be on the U.S. economy and markets. Jeff Kleintop, Charles Schwab's primary worldwide strategist, joins host Mike Townsend to dive into China's struggling economy, actions by reserve banks around the globe, trade concerns, elections in over 80 countries and the influence on policies, and what it all means for investors.
Mike looks at how the recent continuing resolution passed by Congress prevented a government shutdown however presses the funding due date to December 20 and into the hands of the "lame duck" session when Congress returns after the elections. Mike also looks at the bipartisan decision by the SEC to transfer to half-cent pricing on some stocks, and he shares insights on the most recent efforts in Congress to offer a better regulatory structure and more security for investors when it comes to cryptocurrency.
WashingtonWise is an initial podcast for financiers from Charles Schwab () For more on the series, visit schwab.com/WashingtonWise ().
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Crucial Disclosures
The policy analysis provided by the Charles Schwab & Co., Inc., does not make up and must not be translated as an endorsement of any political celebration.
The details supplied here is for general informative purposes just and must not be considered a customized recommendation or tailored financial investment suggestions. All expressions of opinion go through changes without notification in reaction to moving market, financial, and geopolitical conditions. Data herein is obtained from what are considered dependable sources; however, its accuracy, efficiency, or dependability can not be ensured. Supporting paperwork for any claims or analytical details is available upon demand.
Examples offered are for illustrative purposes just and not planned to be reflective of outcomes you can expect to achieve.
Past performance is no warranty of future results and the opinions provided can not be viewed as an indicator of future performance.
Investing includes threat, consisting of loss of principal.
International financial investments involve additional threats, that include distinctions in financial accounting standards, currency fluctuations, geopolitical risk, foreign taxes and policies, and the potential for illiquid markets. Purchasing emerging markets might emphasize these dangers..
Set income securities undergo increased loss of principal during periods of rising rate of interest. Set income financial investments undergo different other threats consisting of changes in credit quality, market appraisals, liquidity, prepayments, early redemption, corporate events, tax ramifications, and other aspects.
Commodity-related items bring a high level of threat and are not ideal for all investors..
Commodity-related products might be incredibly volatile, may be illiquid, and can be considerably affected by underlying commodity rates, world occasions, import controls, around the world competition, federal government regulations, and financial conditions.
Digital currencies [such as bitcoin] are extremely unstable and not backed by any central bank or government. Digital currencies lack a number of the guidelines and consumer protections that legal-tender currencies and controlled securities have. Due to the high level of danger, financiers ought to see digital currencies as a simply speculative instrument.
Currency trading is speculative, volatile and not ideal for all financiers.
Diversity and property allowance strategies do not make sure a profit and do not secure against losses in declining markets.
All names and market data revealed above are for illustrative functions only and are not a recommendation, deal to sell, or a solicitation of an offer to buy any security. Supporting documentation for any claims or analytical information is readily available upon demand.
This details is not planned to be a replacement for specific individualized tax, legal, or financial investment preparation suggestions. Where particular guidance is necessary or appropriate, you need to seek advice from a qualified tax advisor, CPA, Financial Organizer, or Financial Investment Manager.
Forecasts included herein are for illustrative purposes just, might be based upon proprietary research and are developed through analysis of historic public information.
Indexes are unmanaged, do not incur management charges, costs, and expenditures and can not be bought directly. To learn more on indexes, please see schwab.com/indexdefinitions ().
The MSCI United Kingdom Index records the performance of the large and mid cap sectors of the UK market, covering roughly 85% of the complimentary float-adjusted market capitalization in the UK.
( 1024-X15L).
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