Risk Aversion Has Been 'Increasing Dramatically', Schwab's Aguilar Says

Schwab Asset Management CEO/CIO Omar Aguilar says clients have increased risk aversion "dramatically" over the past few weeks as war-related risks persist, signaling broad de-risking. Expect flows into safer assets and reduced exposure to risk assets, which may pressure equities and elevate demand for bonds, gold and volatility hedges.

Analysis

Schwab Asset Management CEO/CIO Omar Aguilar says clients have increased risk aversion "dramatically" over the past few weeks as war-related risks persist, signaling broad de-risking. Expect flows into safer assets and reduced exposure to risk assets, which may pressure equities and elevate demand for bonds, gold and volatility hedges.