Schwab's Sonders cites strength of economy, stock market

05/2/2013 | · AdvisorOne

The current bull market still has legs, although it is due for a bit of a correction, according to Liz Ann Sonders, Charles Schwab's chief investment strategist, speaking to the Financial Planning Association's New York chapter. "On forward earnings, stocks appear undervalued," she said. Sonders cautioned against interpreting high unemployment as a weakness in the economy, and she said she is bullish on "Middle America."

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