Macro Gives Gut Check to Stock Market, Tests Key SPX Levels @SchwabNetwork
Macro Gives Gut Check to Stock Market, Tests Key SPX Levels  @SchwabNetwork
Uploaded September 2026 | Updated September 2026, 2 weeks ago
Macro "is getting a bit of a gut check today," says @CharlesSchwab's Joe Mazzola, pointing to a steady climb in crude oil prices and Treasury yields as key drivers. He warns investors of a low VIX as something to mind amid all the geopolitical uncertainty and suggests hedging strategies as a way to protect portfolios. Joe tells investors to mind the S&P 500 (SPX) as well, believing a push below current levels will lead to a further flush.

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Macro Gives "Gut Check" to Stock Market, Tests Key SPX Levels

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