Market videos

Schwab Network reports flash PMI readings in expansion territory, with the composite matching expectations, and a rise in University of Michigan consumer sentiment. Year-ahead inflation expectations held at 4.7, which the presenter distinguishes from actual inflation data. Looking ahead from the 2026-10-23 publication date, the presenter highlights a busy earnings calendar, a Tuesday–Wednesday Fed meeting, and releases covering durable goods, third-quarter GDP and PCE inflation. The presenter expects no Fed move but anticipates market movement from the combined events. No trades are discussed.