Old Fears Linger, New Fears Emerge for the Markets

Last year's big concerns, inflation and rising rates, have carried over to 2023 and are joining declining earnings to challenge the markets. When will investors catch a break?

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After a brutal 2022 that saw the S&P 500® fall by more than 19% and bonds post their worst year in decades, investors are wary about what 2023 may bring. On this episode of WashingtonWise, Kevin Gordon, Schwab's senior investment strategist, joins host Mike Townsend to discuss how the markets have been reacting to messages the Federal Reserve is sending about inflation, interest rates, and the economy. He shares his takeaways from recent housing and jobs data, previews the upcoming earnings season, and considers why investors are changing their tune when it comes to some of the biggest names in the markets. And he offers questions to ask yourself to help you tailor your investments to your needs instead of following a formula.

Mike also offers his perspective on a wild opening week for the new Congress and previews the looming battles over the debt ceiling and funding the government, two key issues that are likely to affect the markets in 2023. He discusses how new rules the IRS and the SEC are considering could have a direct impact on investors and shares highlights from the new retirement savings law that Congress passed in late December.

WashingtonWise is an original podcast for investors from Charles Schwab.

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Will government policy affect your money?

Add the Debt Ceiling Fight to the Markets’ Woes

Between shrinking earnings, the Fed's ongoing battle to tame inflation, and now the looming debt ceiling fight, the markets just can’t seem to hold their footing.

U.S. Hits Debt Ceiling: Will It Impact Investors?

Fear that the federal government may default on its obligations has driven market volatility in the past, but typically not until the default deadline is much closer.

SECURE 2.0: How Does it Affect Retirement Plans?

Provisions included in a last-minute spending bill passed last year will usher in big changes to the rules for RMDs, 401(k)s, and more.

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