Reported about 1 month ago
As the S&P 500 nears the 6000 mark amid ongoing market uncertainties, Charles Schwab's Liz Ann Sonders discusses how recent earnings guidance has impacted analysts' estimates. Despite high market valuations, she argues that valuation serves poorly as a timing tool, noting that stocks can become even more overvalued. The key focus should be on the outlook for the fourth quarter and 2025 rather than current valuations.
Source: YAHOO