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Frances Newton Stacy on Schwab Network* on April 17, 2025, discussing how recent bullish market narratives—hoping tariffs would be short-lived or the Fed would intervene—shifted sharply after Powell’s comments, leaving markets increasingly focused on the tariff story, with Frances also highlighting bond market movements, Japan’s selling of U.S. Treasuries, and the leverage of U.S. consumer demand in global GDP.

 

*The securities identified and described do not represent all of the securities purchased, sold, or recommended for client accounts. The reader should not assume that an investment in the securities identified was or will be profitable. Investing involves the risk of loss, including the loss of principal. Past performance is not a guarantee of future results. The opinions expressed in this material are subject to change at any time without notice.

Resources Frances Newton Stacy used in preparing for this appearance on Schwab Network:

Information on the Global Digital Finance Committee and its Mission Statement and Frances Newton Stacy’s Ambassadorship :

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