Schwab Market Perspective:
SCFR experts Liz Ann Sonders, Kathy Jones, and Jeffrey Kleintop discuss the early signs of 'rolling recoveries' in certain U.S. sectors, analyze economic growth and Fed expectations, examine geopolitical developments, and more: schwab.com/learn/story/ma…

If you like Financials, you've got to like Japan too.

As earnings season begins, should investors look domestically or abroad for opportunities?

Jeffrey Kleintop tells Nicole Petallides why he’s still bullish international stocks:

Not just a health risk, but an inflation risk too.
When millions of birds must be culled it affects egg prices and related foods.

'We are not Fed dependent' - ECB's Lagarde in press conference

Today's ECB Declaration of Independence - The ECB confirming that it is on track to cut in June regardless of what the Fed does. Noting that Eurozone inflation “has continued to fall” and that incoming information…

Taking a dive.

Inflation is not stuck above 2% target everywhere

Ex. Europe

Latest update to my CPI 6-month leading indicator chart...still incredibly accurate.

Yep

Today’s EIA oil report upwardly revising demand forecasts.

eia.gov/outlooks/steo/

Investors shifting away from the Magnificent Seven may turn to financials, energy, and materials, according to Charles Schwab chief global investment strategist Jeffrey Kleintop.

Full comments:

2020s expected to have weakest global economic growth since...the 1990s.

Are we headed for a Q4 earnings 𝐞𝐜𝐥𝐢𝐩𝐬𝐞? 🌒

😎 Jeffrey Kleintop makes the case for international companies to offer an alternative to big tech growth:

Demand for a loan to buy a home is finally back on the rise in Europe after plunging when rates were soaring.

Data from today's ECB bank lending survey.

Bloomberg chart pointing out the deep European stock sector discounts.
European real estate trades at a ~60% discount to its US peer. European consumer discretionary is about 45% cheaper.
Past performance is no guarantee of future results. The Europe STOXX 50 Index is…

The Bank of Canada meets at 9:45am and the market sees a small chance of a rate cut that would make it the first G7 central bank to cut rates this year.
Two consecutive downside surprises in inflation along with Friday’s downside surprise on jobs in March open the door for a…