Michelle Gibley
Director of International Research
Chartered Financial Analyst (CFA®)
Schwab Center for Financial Research
Michelle Gibley analyzes, discusses, and writes commentary on international markets, trends, and events. Her work helps U.S. investors and advisors understand the significance and financial implications of global markets on investment planning.
Prior to joining Schwab in 2008, Michelle was a pension fund investment consultant and equity analyst for several boutique investment advisors, starting in 1993. Her work has appeared in Bloomberg, CNBC.com, CNNMoney, Reuters, Kiplinger's Personal Finance, The New York Times, The Wall Street Journal, and on the Schwab Network. She holds a B.A. in Finance from the University of Colorado. She is a Chartered Financial Analyst (CFA) charterholder.
More from Michelle Gibley
Top Five Surprises for 2025
Surprises most often are hiding in plain sight. Being aware and prepared with a plan for the unexpected are keys to achieving goals.
2025 Global Outlook: Clearing the Hurdles
International markets are expected to clear the hurdles of uncertain trade policy, tighter fiscal policy and slower than average economic growth to support solid overall returns.
Five Investing Impacts of a Trade War
Market reactions to a potential trade war may be less extreme than anticipated by investors, although volatility is likely during trade negotiations.
Something's Gotta Give
Business sentiment shows continuing decline; earnings estimates reflect robust growth. Can we expect more optimism post-election, despite policy uncertainties?
Pivot to Fiscal Policy
Tighter fiscal policy in Europe and China may hinder the economic response to easing monetary policy, with a resulting shift in investors' focus.
Is China Investable Again?
Should China deliver sufficient stimulus to break the cycle of tightening fiscal policy, we may find China, and emerging markets, investable again.
2024 Elections: Big Bark, Little Bite
Policy, more likely to be dictated by economic circumstances, may not resemble generous populist proposals, which could limit their impact on stock markets.
Rate Cuts Support a Brighter 2025
Given the backdrop of monetary policy stimulus, the global economy is poised for growth and international stocks for continued leadership.
Carry Trade Unwind: Is It Really Over?
Having been warned about the risk, investors now ask if the yen carry trade unwind is complete. Here's how far it might still go.
Q2 Surprises and What Could Surprise in Q3
Discover what surprised markets in the second quarter of 2024 and understand the potential drivers of volatility for the third quarter.