Market videos

Jeff Klingelhofer’s base case is three further Fed hikes, with a possible 50 basis points in December and more tightening early next year unless demand weakens. On Schwab Network, he argues strong hiring and wages require restraint even if oil falls; political limits on AI construction could change the jobs outlook. He describes high-quality fixed income offering 6.5% as an alternative to equities. His view depends on demand remaining resilient, rather than slowing enough to curb inflation.