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International Investing

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The stock market sees nothing to worry about—that may be about to change
by Jeffrey Kleintop
February 21, 2017

Stock markets are currently behaving as if there is nothing to worry about, but that may be about to change now that we are within 45 trading days of the French Presidential election.

Schwab Market Perspective: Not So Fast!
by Liz Ann Sonders, Brad Sorensen and Jeffrey Kleintop
February 10, 2017

Uncertainty among investors appears to be rising as the Trump administration attempts to race ahead with its policy priorities—what does it mean for stocks?

Europe Votes: Could More Countries Reject the EU?
by Michelle Gibley
February 08, 2017

Wariness of the political status quo seems to be spreading, but the possibility of another country following the UK’s Brexit example isn’t certain.

Simple Indicators In A Complex World
by Jeffrey Kleintop
February 06, 2017

When people feel there is a situation that is out of their control or too complicated to analyze, they often fall back on rules of thumb to make decisions.

Five Reasons to Stay Invested Despite Heightened Uncertainty
by Jeffrey Kleintop
January 23, 2017

There are five reasons to stay invested despite the heightened uncertainty.

Currency Hedging: 5 Things You Need to Know
by Michelle Gibley
January 18, 2017

Hedging international stocks against currency losses when the dollar is rising can make sense, but it depends on your time frame.

The CURE for a calm market: Four risks for 2017
by Jeffrey Kleintop
January 09, 2017

After a calm post-election climb for stocks, developments in China, United Kingdom, Russia, and Europe may bring a return of volatility.

Will the U.S. Dollar Bull Market Continue in 2017?
by Kathy A Jones
January 05, 2017

The U.S. dollar looks set to continue rising this year, but the risks to the rally increase as the bull market ages.

Emerging Markets: Why They Deserve a Place in Your Portfolio
by Michelle Gibley
December 16, 2016

Emerging market stocks tumbled after the U.S. election because of concerns about protectionism and a stronger dollar, but we think the potential benefits offset the risks.

Changing Conditions: A Bond Market FAQ
by Kathy A Jones
December 13, 2016

Yields have surged and potential changes in taxes, government spending and interest rates could make the bond market more volatile. What does it mean to investors?

5 Reasons International Stocks May Underperform in 2017
by Jeffrey Kleintop
December 12, 2016

There are five key reasons developed international stocks may lag U.S. stocks again in 2017.

Happy Unrecession: The Alice in Wonderland economy
by Jeffrey Kleintop
November 28, 2016

While the odd and upside-down developments confronting investors may seem mad, the stock market gains are not as misguided or illogical as they may at first seem.

President Trump and Global Trade: How Will Campaign Promises Play Out?
by Jeffrey Kleintop
November 10, 2016

Even if he carries out his most aggressive campaign proposals, we believe the consequences could be less damaging than they might at first seem.

Recession Odds Pass Key Threshold
by Jeffrey Kleintop
October 31, 2016

A reliable historical indicator suggests the events of October may have been more soothing than scary for long-term investors.

5 Big Risks Posed by China (And Why They Shouldn't Crash Global Markets in 2017)
by Michelle Gibley
October 18, 2016

China’s economy is likely to slow in 2017, but the most bearish predictions may be proved wrong again. We examine five issues to watch.

Three Reasons Stocks May Avoid Another Lost Decade
by Jeffrey Kleintop
October 17, 2016

The end of September marked 10 years with no growth in earnings and nine years with no gain in the stock market—what will the next 10 years offer investors?

Going Godzilla: What has the Bank of Japan Unleashed?
by Jeffrey Kleintop
October 03, 2016

The Bank of Japan faces a rising risk that their policy has created a monster that may be getting harder to control.

World Tour: An Around The World Look At the Economic Landscape
by Jeffrey Kleintop
September 19, 2016

The global picture may have brightened a little, thanks largely to Asia, but with little momentum to that improvement.

Fed Uncertainty Brings Volatility to Markets
by Schwab Center for Financial Research
September 09, 2016

U.S. stocks fell sharply Friday. Fed uncertainty means market volatility could continue.

Mind the Gap: Are Earnings Expectations Too High?
by Jeffrey Kleintop
September 06, 2016

After a year and a half of cutting their earnings estimates for the world’s companies by a total of 14%, analysts have spent the past six months raising them. Are they now expecting too much?

Emerging Market Bonds: Curb Your Enthusiasm
by Kathy A Jones
August 30, 2016

Emerging market debt has delivered solid returns this year, but currency and default risks loom thanks to slow global growth and a potential rise in U.S. interest rates.

Keep Calm and Carry On: The Brexit Shock That Wasn't
by Michelle Gibley
August 24, 2016

Stocks seem to have shaken off the shock of the Brexit vote, and conditions may be improving as pro-EU sentiment has strengthened, growth is looking stronger and governments may be willing to spend more.

Your portfolio may be less diversified than you think
by Jeffrey Kleintop
August 22, 2016

Investors with a large home bias in their portfolio may not be nearly as diversified as they believe.

Does Zika pose an Olympic-sized risk to stocks?
by Jeffrey Kleintop
August 08, 2016

While the threat of Zika at the Olympic Games may garner headlines, past world pandemics show us that the market impact has not been significant—even when the global economy was especially vulnerable to a shock.

Earnings estimates are rebounding: what it means for stocks
by Jeffrey Kleintop
July 25, 2016

Analysts’ improving outlook for corporate earnings has tracked the trend of better than-expected economic data, helping to support stocks in the face of negative geopolitical events.

Turmoil in Turkey: What Does Coup Attempt Mean for Markets?
by Jeffrey Kleintop
July 18, 2016

Turkey's government re-established control following an attempted military coup over the weekend. We believe market reaction will be limited.

Three Reasons Why Now is Not the Time to Retreat from Global Diversification
by Jeffrey Kleintop
July 11, 2016

The Brexit is another in a series of political, economic and financial shocks coming from outside the United States. So is it time for long-term investors to retreat from global diversification to the perceived relative safety of the U.S. stock market?

Puerto Rico Looming Default and Restructuring Bill: What You Need to Know
by Cooper J Howard and Rob Williams
June 30, 2016

Puerto Rico is on the brink of potentially the largest municipal default in U.S. history. What could that mean for your bond portfolio?

Brexit: What Investors Should Know
by Schwab Center for Financial Research
June 27, 2016

We believe it will take time for the Brexit shock to fully work its way through the markets. In the meantime, here are our answers to commonly asked questions about this historic event.

After the Brexit Vote: What Lies Ahead for Markets?
by Jeffrey Kleintop
June 27, 2016

U.K. voters' decision to exit the European Union has rocked global markets. What will "Brexit" mean for investors going forward?

Brexit: What Does It Mean for the Bond Market?
by Kathy A Jones
June 24, 2016

Amid market turmoil, investors are flocking to U.S. Treasuries. What else can investors expect as a result of Brexit?

Global Bonds: A World Without Yield
by Kathy A Jones
June 16, 2016

Bond yields are so low that investors may find themselves paying to hold foreign bonds rather than being paid for it. Caution is advised.

What investors need to know about helicopter money
by Jeffrey Kleintop
June 13, 2016

The return of deflation in Japan has led some to call for the use of “helicopter money” which we see as unlikely to be effective at boosting growth, but may raise the risks to the global financial system.

Five ways investors can make the most of slower growth
by Jeffrey Kleintop
May 31, 2016

Making the most out of a slower growth environment may help define investment success in the coming years leading investors to find bright spots among mega-caps and emerging market stocks.

Performing Reformers: How Political Change Can Affect Stocks
by Michelle Gibley
May 18, 2016

Expectations of political reform can help drive markets higher, as they have in Brazil, but the good times don’t always last.

Japan: Another Recession Coming?
by Jeffrey Kleintop
May 16, 2016

Japan’s economy is struggling and may be set to disappoint economists’ expectations for a sharp rebound in economic growth this year.

Eight Years Later: Europe’s Economy is Back and its Stocks are Leading Global Markets
by Jeffrey Kleintop
May 02, 2016

Europe’s improving economy pushed back above its prior peak eight years ago and has been helping lift European stocks above those of other developed markets.

Earnings Season for Investors: It’s a Marathon, Not a Sprint
by Jeffrey Kleintop
April 18, 2016

The Boston Marathon offers investors an important lesson in behavioral biases for investors to keep in mind this earnings season as companies may lower their outlook for profits.

What do the stock market trends in the first quarter mean for Q2 and beyond?
by Jeffrey Kleintop
April 04, 2016

Stocks’ wild ride and dominant themes in the first quarter hold key messages for investors about the second quarter and beyond.

Are Central Banks Out of Options?
by Michelle Gibley
March 24, 2016

We are monitoring three indicators to gauge the effectiveness of central bank efforts to stimulate economic growth: loan rates, loan demand and fiscal policy. 

Risks to the Rally: What Could End the Stock Market Rebound?
by Jeffrey Kleintop
March 21, 2016

Since the start of November the global stock market has been retracing the pattern seen in the second half of last year. We see three risks to the rally, but also see reasons to believe it is not over yet.

Trust but Verify: Five Independent Indicators of China’s Economy
by Jeffrey Kleintop
March 07, 2016

Some data coming out of China could be considered questionable. Learn where to look for a more accurate picture.

Brexit: 5 Things Investors Need to Know
by Jeffrey Kleintop
February 22, 2016

Britain will hold a referendum on June 23 to decide whether to remain in the EU or to “Brexit”. Investors can expect more volatility in the markets as the effects on the U.K. and Eurozone economy are considered.

Negative Interest Rate Policy Adds Up To Less than Zero for Investors
by Jeffrey Kleintop
February 08, 2016

While central banks’ QE programs lifted stock prices in recent years, the latest shift by central banks to negative interest rate policy seems to be weighing on stocks and may be working against their intentions of promoting economic growth.

Currency Wars: Is a Weaker Currency Good or Bad?
by Michelle Gibley
February 03, 2016

What can currency wars do for an economy?

Central Banks to the Rescue?
by Jeffrey Kleintop
January 25, 2016

Rather than rescuing investors, comments from central bankers are more likely to create volatility in the markets until the global economic path is clearer.

2016 International Investing: Why Laggards Don't Necessarily Produce Winners
by Michelle Gibley
January 21, 2016

We explain why buying the worst-performing country’s stock index doesn't necessarily result in a strong return in the following year. 

Geopolitical risks in 2016: Is your portfolio prepared?
by Jeffrey Kleintop
January 11, 2016

There are three basic guidelines for investors when it comes to assessing the investment implications of geopolitical events.

How Rate Hikes Impact International Stock Markets
by Jeffrey Kleintop
December 21, 2015

The central banks of 20 nations raised interest rates in 2015, but not all countries are as well–positioned as the U.S. to handle the impact of rate hikes.

Decoding Devaluations: What Do Currency Moves Mean for Your Money?
by Jeffrey Kleintop
December 07, 2015

Find out more on how currency devaluations could impact your investment portfolio.

Why Our Outlook for European Stocks Is Positive
by Michelle Gibley
December 04, 2015

We see European growth accelerating in 2016 as the European Central Bank extends stimulus, creating support for European stocks.

India Becomes World’s Fastest Growing Economy: What Investors Need to Know
by Jeffrey Kleintop
November 23, 2015

India has taken the title of the world’s fastest growing economy from China. Despite obvious similarities, the differences between these two economies mean the new leadership holds unique impacts for the global economy and markets.

What are earnings reports telling us about the global economy?
by Jeffrey Kleintop
November 09, 2015

Find out what company earnings reports are telling us about the global economy.

Why China's Slowdown May Be a Good Thing
by Michelle Gibley
November 05, 2015

Changes in China’s reserve currency status, growth, and economic make-up are signs of its gradual transformation into a developed country, a long term positive.

Bargain Hunters Beware: Is the Rally for Real?
by Jeffrey Kleintop
October 26, 2015

Investors shouldn’t mistake the double-digit rebounds seen in some emerging markets this month as an all-clear sign to snap up bargains.

Global Economy to be Stronger in 2016
by Jeffrey Kleintop
October 12, 2015

Despite fears of a global slowdown or recession, we foresee a stronger world economy in 2016 than in 2015 or 2014.

Deflation: What Investors Need to Know
by Michelle Gibley
October 06, 2015

Deflation, or falling prices, troubles markets due in part to the potential hit to corporate earnings. We believe global deflation is unlikely.

European Refugee Crisis: Five Takeaways for Investors
by Jeffrey Kleintop
September 28, 2015

As thousands of people continue to cross into Europe each day, there are economic and political implications for investors to consider beyond the tragic human suffering.

Video | Market Snapshot: Perspective on Global Economy and Market Volatility
by Jeffrey Kleintop
September 02, 2015

Jeff Kleintop answers the question, “Is the global economy driving recent stock market volatility?”

How to Invest for Changing Global Growth
by Jeffrey Kleintop
August 31, 2015

Questions about global growth abound; but fears may be overblown and investors could benefit.

Video | Schwab Market Snapshot: Market Correction? Don’t Panic
by Liz Ann Sonders
August 24, 2015

Liz Ann Sonders discusses the market correction, the panic investors often feel and positive steps to take instead.

Five Global Market Impacts of Climate Change
by Jeffrey Kleintop
August 17, 2015

Climate change stands out as a market force with five potential global market impacts in the years to come.

Global Perspective: The Right International Stock Allocation May Be More Than You Think
by Jeffrey Kleintop
July 20, 2015

How much of your portfolio you should consider allocating to non-U.S. stocks and why.

Video | Market Snapshot: U.S. Stock Market Running to Stand Still
by Liz Ann Sonders
July 13, 2015

Liz Ann Sonders considers what’s holding the U.S. markets in a sideways pattern, looking both globally and in the U.S., and whether we’re in a speculative phase for stocks.

Global Bond Investing: Why You Should Worry About Currency Risk
by Kathy A Jones
June 18, 2015

With the dollar strong and U.S. interest rates poised to rise, we explain how currency risk from international bond investing could compromise your portfolio. 

7 Reasons You Should Care That an Emerging Markets Index May Add Chinese Stocks
by Michelle Gibley
June 16, 2015

As China’s markets expand and more of its stocks become accessible to international investors, its importance in your portfolio will likely grow. 

Why Corporate Profits Are Falling and What It Means for the Stock Market
by Jeffrey Kleintop
May 04, 2015

With global economic growth on the upswing, we think the recent decline in global corporate profits will be short-lived. 

Video | Global Snapshot: International Stocks Out in Front
by Jeffrey Kleintop
April 06, 2015

Jeff Kleintop discusses the strong performance of international stocks and the dollar, the impact of currency movements on international investing, as well as the outlook for inflation abroad and for Global earnings.

Video | Straight Talk: Global Divergences Bring Risks and Opportunities
by Liz Ann Sonders
February 09, 2015

The relatively healthy U.S. economy has diverged from weaker global economies, in terms of monetary policies, growth rates and currencies. But what does it mean for your investments?

Why ECB QE May Not Boost European Stocks For Long
by Michelle Gibley
January 30, 2015

Several ingredients are missing in order for the European Central Bank's (ECB) quantitative easing (QE) program to be successful, so a European stock rally may not last.

International Investments 2015: Top 5 Global Issues to Watch
by Michelle Gibley
January 14, 2015

If you're considering making international investments in 2015, we recommend you keep these issues in mind. 

Video | Global Snapshot: Outlook 2015
by Jeffrey Kleintop
January 09, 2015

Jeffrey Kleintop shares his 2015 outlook for global markets, comparing the U.S. and international markets, opportunities in emerging markets, and specific risks to watch out for.

Top 5 Ways Chinese Consumers Are Altering Global Investing
by Michelle Gibley
December 08, 2014

As the Chinese economy transitions to a more consumer-led growth pattern, global investors should be paying attention.

Will International Stocks Outperform in 2015?
by Jeffrey Kleintop
November 25, 2014

The U.S. current account—a measure of trade and investment flows in and out of the U.S.—may provide clues to where international stocks are headed relative to U.S. stocks.

How Earnings Season Is Like Homecoming for Investors
by Jeffrey Kleintop
October 15, 2014

Earnings season is a time for investors to focus on the traditional measure of value: earnings.

Does the ECB's QE Make European Stocks Attractive?
by Michelle Gibley
September 18, 2014

Will the European Central Bank’s quantitative easing plan give the European economy the boost it needs?

Claiming Foreign Taxes: Credit or Deduction?
by Rande Spiegelman
August 22, 2014

If you own foreign investments, you could be paying foreign tax. Claiming a deduction or a credit could prevent double taxation in the U.S.

Going Global: Selecting ADRs or Foreign Stocks
by Schwab Center for Financial Research
August 22, 2014

You have several options when you invest in the global market. Learn how American Depositary Receipts (ADRs) and foreign stocks compare.

4 Mistakes to Avoid in International Investing
by Michelle Gibley
May 29, 2014

Avoid these common pitfalls when you're investing internationally.

Cross-Listed International Stocks: Another Investing Alternative
by Schwab Center for Financial Research
May 23, 2014

Cross-listed stocks trade on one or more foreign stock exchanges in addition to a domestic exchange—another way for investors to invest internationally. 

International ETFs—How They Can Help Investors Diversify
by Michael Iachini
February 13, 2014

Diversify across world markets with just a few trades and at little ongoing expense. 

Going Global: Trading Foreign Stocks OTC
by Schwab Center for Financial Research
January 17, 2014

Looking to make an investment in a foreign stock? Read an article about trading foreign ordinaries over-the-counter.

Currency ETFs: Understanding How They Work
by Michael Iachini
December 24, 2013

ETFs can be a practical way to diversify and/or hedge the currencies in your portfolio. Find out how they work.

Emerging Markets: What You Should Know
by Michelle Gibley
July 27, 2012

Emerging markets are becoming bigger players on the world stage. A look inside at what may be fueling their growth, investment risks, and potential investment types to consider.

Why Invest Internationally?
by Michelle Gibley
July 24, 2012

International investing shouldn't be ignored—your overall portfolio could benefit from potentially higher returns and lower risk. 


Investors should consider carefully information contained in the prospectus, including investing objectives, risks, charges and expenses. You can request a prospectus by calling 800-435-4000. Please read the prospectus carefully before investing.

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 and small capitalization securities. Each individual investor should consider these risks carefully before investing in a particular security or strategy.