Sonders: Base Case is "Rolling Recessions" Through Market Segments

Liz Ann Sonders (Charles Schwab) warns that a large portion of market activity is driven by short-term positioning, which is amplifying volatility and could lead to misreads of investor sentiment. She cautions that despite near-term turmoil, there is an underlying complacency in the market that could produce sudden shifts in risk pricing.

Analysis

Liz Ann Sonders (Charles Schwab) warns that a large portion of market activity is driven by short-term positioning, which is amplifying volatility and could lead to misreads of investor sentiment. She cautions that despite near-term turmoil, there is an underlying complacency in the market that could produce sudden shifts in risk pricing.