The global strategy chief for $8 trillion Charles Schwab explains why he sees stocks finishing strong in 2022 amid a housing-market slowdown

• The final quarter of 2022 is now close and it could be a pivotal time for the stock market.
• The macroeconomic picture remains very mixed as we head towards a new batch of earnings.
• Charles Schwab’s chief strategist told Insider how he expects the next few months to play out.

The final quarter of 2022 is fast approaching and it could be a pivotal one for the stock market.

We stand a good chance of getting the answer to the question of whether the bottom for stocks will remain the June lows, or if there is a leg lower to come before a new bull market takes hold.

The macroeconomic picture remains very mixed and hard to read for investors of all levels. The Federal Reserve made its hawkish position clear at Jackson Hole, but there are signs that rising rates are starting to have an impact, particularly in the housing market.