How will global markets react to U.S. election? Jeffrey Kleintop on this and more

Episode 24

Episode Summary

Schwab's chief global investment strategist Jeffrey Kleintop joins Jeff Benjamin and Bruce Kelly to chat about the global markets and how they'll react to the U.S. elections, the ongoing pandemic and Black Friday. Liz Skinner also joins to share the winners of the 2020 Women to Watch Awards.

Episode Notes

Interview with Jeffrey Kleintop — 0:00-16:30

1:00 — Kleintop's global outlook and the change in global leadership

4:00 — Are we forgetting about the pandemic and the transition risks?

6:00 — S&P 500 valuation and what that portends

7:15 — What a Biden administration could mean for the market (and what may have been priced in too much)

9:00 — Market volatility given a pandemic and a new president

10:00 — The remaining potential in Black Friday and Cyber Monday

12:15 — Gaming out pandemic restrictions regionally in the US

14:30 — Kleintop's career moves and changing perspective in recent years

Interview with Liz Skinner — 16:45-30:45

17:00 — InvestmenNews' Women's Issue

19:15 — Challenges facing women and women advisers in this climate

21:00 — Women to Watch for 2020

22:45 — The persistent gender imbalance at the senior level at RIA firms

25:30 — Celebrating 2019's Women to Watch pandemic style, including a clip from the celebration

29:00 — The outlook for next year's celebration, and InvestmentNews events in general

Related Articles:

Women to Watch Awards

Work-life balance is harder for women in the pandemic

How women-led fintechs are combating the gender wealth gap

Guest Bio — Jeffrey Kleintop. As senior vice president and chief global investment strategist at Charles Schwab, Kleintop is responsible for analyzing and discussing international markets, trends and events to help investors understand their significance and financial implications. He provides research, commentary and actionable insights to Schwab’s client-facing teams and the firm’s Investor Services and Advisor Services clients.

Prior to joining Schwab, Kleintop served as chief market strategist at LPL Financial. Earlier in his career, he was chief investment strategist at PNC Wealth Management and senior investment strategist at ARIS Corp. of America. Cited in The Wall Street Journal as one of “Wall Street’s best and brightest,” Kleintop frequently appears on CNBC, Bloomberg TV and CNN, and is often quoted in The Wall Street JournalBarron’s and the Financial Times.

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