The bull market still has some believers — and not just those investors buying Facebook on Thursday but a chief investment strategist whose firm handles $2.5 trillion in investments.
A brutal start to the trading year and weaker U.S. economic data have many market watchers calling for continued pain in stocks — if not also a looming U.S. recession. But not Charles Schwab chief investment strategist Liz Ann Sonders. She just made maybe the boldest call of all: belief in a continued bull market run and confidence that a recession isn't happening anytime soon.
Sonders said that the tumult this year likely marks a brief interruption to the bull market.