What is the potential impact of tariffs on U.S. and European corporate earnings? And what might tariffs mean for the health of the U.S. consumer?

In a recent interview on Schwab Network, Chief Investment Officer Brad Conger addressed these questions, emphasizing that the potential consequences for companies and consumers from increased tariffs are significant. While markets may currently be underestimating tariff-related risks, the effects on corporate earnings and consumer spending remain a persistent concern. Brad also highlighted the continued momentum of the AI boom and explained how we are positioning portfolios to capture AI-driven opportunities while maintaining discipline around valuations.

Click to watch Brad’s interview.