The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision.
All expressions of opinion are subject to change without notice in reaction to shifting market or economic conditions. Data contained herein from third party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed.
Past performance is no guarantee of future results and the opinions presented cannot be viewed as an indicator of future performance.
Sectors are based on the Global Industry Classification Standard (GICS®), developed by MSCI and Standard & Poor’s.
This is a hypothetical illustration of a typical business cycle. Not all cycles follow the same pattern or progress in the same sequence. Often, phases can be identified only in retrospect.
The Schwab Center for Financial Research is a division of Charles Schwab & Co., Inc.