Schwab strategists warn of a major market shift: The era of easy index gains is officially over.

Charles Schwab warns that escalating geopolitical instability could translate into more frequent supply shocks and greater macro volatility for investors. The note implies elevated near-term risk across supply chains and broader market conditions, though it does not cite specific new data or policy actions.

Analysis

Charles Schwab warns that escalating geopolitical instability could translate into more frequent supply shocks and greater macro volatility for investors. The note implies elevated near-term risk across supply chains and broader market conditions, though it does not cite specific new data or policy actions.