Schwab’s Liz Ann Sonders Sees Trouble Still Ahead. Where to Invest Now.

Though the U.S. stock market looks healthier than it did during its rough patch over the summer, Charles Schwab Chief Investment Strategist Liz Ann Sonders sees potential trouble still ahead, especially as investors have yet to come to terms with the Federal Reserve not flipping from raising rates to cutting them soon, barring a crisis.

Barron’s talked with the veteran market strategist on Friday about the market, cryptocurrencies and how investors should be thinking about their portfolios, as part of our monthly virtual Level Up event series. Here are highlights from the discussion.