On Investing

Jim Clark, CEO of Boys & Girls Clubs of America who leads national youth programs, talks about the Money Matters financial literacy curriculum and workforce-readiness initiatives. He describes teaching basics like budgeting, saving, credit, and distinguishing investing from gambling. He also discusses adapting lessons for a cashless, device-driven world and hands-on simulations for tweens.

A deep dive into why Treasury yields climbed despite geopolitical uncertainty and rising oil. Discussion of sharp sector rotations and hidden volatility beneath steady equity indexes. Exploration of how inflation expectations and shifting Fed outlooks are reshaping fixed income. A look at key economic data and Fed signals to watch next.

A veteran investor reflects on a decades-long career, from trading floors to research, and shares core investing lessons like trend-following, position sizing, and cutting losses. The conversation also examines geopolitical tensions in Iran and how conflict could ripple through equities, oil markets, and central bank decisions.

Claudia Sahm, former Fed and White House Council economist and now chief economist at New Century Advisors. She explains why the Fed is likely to be patient on policy and what to watch in labor data. They probe unusual labor-market patterns, concerns about data quality, and how AI and balance-sheet choices could reshape monetary strategy.

Kevin Gordon, Head of Global Macro Research and Strategy at Charles Schwab, offers concise macro perspective and policy context. Conversation covers how much capex — including AI-driven investment — moved recent GDP. They also tackle tariffs and goods inflation. Slowing immigration and labor force trends as potential long-term constraints are highlighted.

They unpack recent jobs revisions and what changing payroll numbers mean for monetary policy. They explore AI’s progression from creation to widespread cascade and how headlines have rattled markets. They discuss cautious investment approaches centered on factors, growth with discipline, and balance-sheet strength. They flag key upcoming economic data that could move markets.

Dennis DeBusschere, president and chief market strategist at 22V Research, explains how a weaker dollar and AI-driven productivity shifts are reshaping markets. He discusses factor-based investing, breadth returning to equities, monetary policy signals, and where risks and opportunities may lie. Short, sharp takes on sectors likely to benefit from broadening leadership and changing macro dynamics.

Jack Schwager, author and futures research veteran behind the Market Wizards books, shares lessons from interviewing elite traders. He covers why money management beats method. He explains the need for flexibility as markets and technology evolve. He contrasts rare trader outperformance with the reality most underperform and outlines when investors should favor diversified strategies.

They dig into market mood swings after tariff headlines and surprising geopolitical news. Conversations cover who ultimately pays for tariffs and why safe havens get a lift. Bond-market shifts in Japan and global yield spillovers get attention. Practical reminders include position sizing, disciplined rebalancing, and watching upcoming Fed data and inflation signals.

This week, Liz Ann Sonders and Kathy Jones discuss the current state of the Federal Reserve, the bond and equity markets, the challenges facing the housing market, and the ongoing issues with inflation. They explore the implications of a criminal investigation into Fed Chair Jerome Powell, the stability of the bond market amidst political pressures, and the somewhat mixed signals from the equity market. Their discussion also highlights the affordability crisis in the housing market and the Fed's struggle to meet its inflation targets, concluding with a look ahead at upcoming economic data.On Investing is an original podcast from Charles Schwab. For more on the show, visit schwab.com/OnInvesting. If you enjoy the show, please leave a rating or review on Apple Podcasts.Important DisclosuresThis material is intended for general informational and educational purposes only. This should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned are not suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decisions.All expressions of opinion are subject to change without notice in reaction to shifting market, economic or political conditions. Data contained herein from third party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed.Past performance is no guarantee of future results.Investing involves risk, including loss of principal. Performance may be affected by risks associated with non-diversification, including investments in specific countries or sectors. Additional risks may also include, but are not limited to, investments in foreign securities, especially emerging markets, real estate investment trusts (REITs), fixed income, municipal securities including state specific municipal securities, small capitalization securities and commodities. Each individual investor should consider these risks carefully before investing in a particular security or strategy.All names and market data shown above are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security.Forecasts contained herein are for illustrative purposes only, may be based upon proprietary research and are developed through analysis of historical public data.Schwab does not recommend the use of technical analysis as a sole means of investment research.The policy analysis provided by Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party.Indexes are unmanaged, do not incur management fees, costs, and expenses and cannot be invested in directly.  For more information on indexes, please see schwab.com/indexdefinitions (0126-YL36) Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.