Schwab IMPACT — the largest and longest-running annual gathering of independent registered investment advisers -- is back in Boston, and Chuck is one of the nearly 6,000 people in attendance, but the only one recording more than 20 interviews with experts, all airing in the next few days.
Headlining the first day of programming from IMPACT is Liz Ann Sonders, chief investment strategist at Charles Schwab & Co., who was part of the first keynote at the conference on Tuesday. She says that "uncertain" is a common and incorrect descriptor of the current maret, noting that it is more "unstable," where investors should be wary of multiple "fault lines" that could be setting the market up for a big shift. Asked if the current warning signs are smoke or a sign of fire, she says that, "arguably, there already is fire ... you just have to open the hood" and she makes the case for why the market troubles investors fear are already happening.
Also on the show from Schwab IMPACT:
— Charles Champagne, chief executive officer and head of ETFs at Allianz Investment Management, who discusses "buffer ETFs" and "defined-outcome" investing, and how investors are using new tools to hedge their bets on the stock and bond markets.
— Derrick Irwin, senior portfolio manager and co-head of the Intrinsic Emerging Markets Equity team at Allspring Global Investments, who discusses the global investment picture and why foreign markets represent a vastly superior value to domestic stocks, as well as why the war in Iran hasn't impacted global markets the ways experts expected when the fighting first started over six months ago.
— Trey Prescott, head of business development for Advisory Services Network
— Gabe Deiderich, portfolio manager at Baird, discussing the bond market and just how attractive current yields — now standing at multi-year highs — really are. He also discusses whether he thinks investors need new products like buffer ETFs as an alternative to traditional fixed-income funds and more.
