Market Has Priced in Good 2026 Economy: ‘Reluctantly Pessimistic’
Schwab Network · Schwab Network
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Show Notes
Brian Jacobsen is “reluctantly pessimistic” about the market outlook. He thinks the economy will do “really well” but thinks the market may have already priced that in. He’s looking to more defensive sectors, like healthcare and consumer staples. He questions what would happen if a surprise Fed Chair was nominated and discusses whether Powell will be able to stay on as a governor.
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