Chief Investment Strategist, Schwab Center for Financial Research. Disclosures:
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U.S. large caps continue to attract most flows and have dominated over past week, followed by global equities and government bonds @DataArbor
While global public debt is lower than pandemic highs in real terms, it remains stubbornly elevated at $111 trillion; this @VisualCap graphic shows world debt by country in 2025, based on data from @IMFNews latest World Economic Outlook
October @NFIB Small Business Optimism down to 98.2 vs. 98.3 est. & 98.8 prior … hiring plans fell as did expectations for better economy; capex moved higher but net compensation fell
Small businesses’ single most important problem in October: quality of labor (massive spike) @NFIB