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Schwab Network: Hard Data ‘Totally Meaningless’ Because of Tariffs

May 22, 2025

Zachary Hill, CFA®

Summary

Head of Portfolio Management Zach Hill, CFA®, joined Schwab Network last week to discuss current economic and market conditions, with a focus on the Moody’s downgrade, the federal budget and deficit, trade policy and tariffs, and trends in consumer sentiment and the fixed income market.

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Schwab Network: Hard Data ‘Totally Meaningless’ Because of Tariffs

Summary

See Horizon Investments' Customer Relationship Summary and View Form ADV for additional information