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Stock impact report

Investors look to Europe as US market confidence wanes [Yahoo! Finance]

Charles Schwab Corporation (The) (SCHW) 
Last charles schwab corporation (the) earnings: 4/15 08:45 am Check Earnings Report
US:NYSE Investor Relations: aboutschwab.com/investor-relations
Company Research Source: Yahoo! Finance
Charles Schwab chief global investment strategist Jeffrey Kleintop joins Catalysts to explain why Europe's economic resilience and China's potential consumer boom could offer compelling alternatives. To watch more expert insights and analysis on the latest market action, check out more Catalysts here Even US consumers seem to be losing faith in the United States, both in terms of their investments, fleeing the bond market at a record pace, and then in terms of their concern about inflation expectations. Where should investors be looking if they want to flee the US right now? Yeah, Europe stands out to me. Obviously the risk of recession is rising in the US, but in Europe, it's much less so. Europe's economic exposure to US exports is relatively small. EU goods exports to the US account for only about 3.5% of EU GDP, and so the hit from those tariffs, were they reintroduced in 90 days, might shave maybe half a percent or so off of GDP. But look, already you've got Germany, which Show less Read more
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