Charles Schwab Market Commentary: Global impact of a 'Blue Wave' election outcome

Campaign proposals do not always result in legislation – this is one of the facts of life of American elections. That said, the Democratic Party has targed five key areas for change: Taxes, labor, the environment, oil, and trade. 

The potential change in U.S. political leadership, therefore, could well introduce more risk to earnings and market performance of U.S. stocks, and lead to a relative outperformance by comparison of international markets. 

Here, Jeffrey Kleintop, Senior Vice President and Chief Global Strategist for Charles Schwab & Co., considers the possible impacts a "Blue Wave" in the U.S. election could have on the economy, and markets.

Schwab/TD Ameritrade merger gets go-ahead from U.S. Justice Dept, shareholders

The proposed acquisition of TD Ameritrade by San Francisco-based, NYSE-listed Charles Schwab appears likely to go ahead befor the end of this year, following news this past week that U.S. Justice Department officials had decided not to block it on antitrust grounds, and Schwab and TD Ameritrade shareholders voted overwhelmingly in favor of the deal.

Charles Schwab’s international division boosts its online presence via webinars during global lockdown

As noted here last week, many financial services companies, wealth managers and tax specialists have begun offering online videos, podcasts and webinars, or are producing more of them now than they did previously, as they seek to maintain contact with clients and would-be clients during the global Covid-19 lockdown.

One company that has noticeably boosted its online offering for international clients recently has been Charles Schwab, the San Francisco-based, NYSE-listed financial services giant that is understood to have a significant client base outside of the U.S., including but not limited to American expats...

Charles Schwab reported 'near deal for rival TD Ameritrade'

Charles Schwab, the San Francisco-based, NYSE-listed financial services giant that was in the news recently after it announced certain cutbacks and changes to its services for some  of its American clients resident outside the U.S., is today reported by The Financial Times and other media outlets to be closing in on a US$26bn deal to acquire a smaller rival, TD Ameritrade.

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Charles Schwab unveils MiFID II-related changes to ETFs for investors in Europe

Charles Schwab Corp., the San Francisco-based financial services giant that has a significant client base of Americans resident outside of the U.S., has announced that after Sept. 19, Schwab clients who are resident in the EU will no longer be able to purchase U.S.-registered exchange-traded funds (ETFs) and exchange-traded notes (ETNs).

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Opinion

Bright!Tax comment: The candidates' tax plans, and their likely implications for expats

Bright!Tax comment: The candidates' tax plans, and their likely implications for expats

Nov. 3, the date of the 2020 U.S. presidential election, is two weeks and one day away. Many expats will have voted by now, but for those who haven't –...

Oct-19-2020