09-18-2019, 09:38 PM
Quote:Onto our call of the day from Liz Ann Sonders, chief investment strategist at Charles Schwab, who warns investors are sleepwalking when it comes to one area of the global economy. “I think that there may be a bit too much complacency about inflation and interest rates staying low,” Sonders tells MarketWatch in an interview. “I’ve always had the view that we should be as least as intrigued by the story no one’s telling as by the story everyone is telling.” The Fed has a mandate to keep prices stable, which right now isn’t a problem, but should it become one, interest rate hikes come back into the spotlight. Financial markets and investors have grown pretty comfortable with the idea of central banks stimulating economies rather than slowing them down.Investors are too complacent about inflation and low interest rates, says Schwab strategist - MarketWatch