Schwab (SCHW) is initiated a Neutral at Compass Point. No surprise, the ongoing invisible...

|By:, SA News Editor

Schwab (SCHW) is initiated a Neutral at Compass Point. No surprise, the ongoing invisible interest rate regime will keep a lid on earnings for (at least) the next year. Management is doing its best to keep expenses in check, but higher rates, big share buybacks, or a lower stock price would be necessary for CP to be a buyer.