Is the U.S. about to lose its leadership in global markets? Schwab’s chief global investment strategist Jeffrey Kleintop discusses the effects of a vaccine rollout on international stocks. As for how bonds will be affected, Schwab Senior VP Kathy Jones offers a forecast. The 2020 election results may show up in your tax and retirement plans. There are three areas to watch, as Judith Ward of T. Roe Price explains.

2021 Global Outlook: New Cycle, New Leadership — Economic momentum is fading with infection rates on the rise. However,  next year Jeffrey Kleintop expects very easy monetary and fiscal policy combined with a vaccine rollout to lead to a strong rise in economic and earnings growth. International stocks may surpass U.S. equities in earnings. Read more…

2021 Fixed Income Outlook: Calmer Waters — With the likelihood of vaccines for the coronavirus becoming widely available by mid-year, the economy should get a boost. Senior Vice President Kathy Jones of Schwab sees the potential for 10-year Treasury bond yields to trade in a range of 1% to as high as 1.6% in 2021, reflecting the prospects for real economic growth to recover at a faster pace. Read more…

2020 Election: 3 Key Takeaways From A Financial Planning Perspective — If Republicans maintain control of the Senate, we can expect to see continued gridlock for many policy ideas, except for those with bipartisan backing. For individuals trying to plan their finances, there are three issues to consider. Read more…

John R. Day, Bill Ennis, Stephanie Hall, and Matt Heller

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