LPL Research expects to see routine year-end outcomes in many areas of the economy and financial markets in 2016, but how we get there may be anything but routine.
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Market Volatility Client Letter by Burt White | August 24, 2015
August brings with it the end of summer, but in recent years, bouts of stock market volatility have been common. It is quite normal for stock prices to decline at some point almost every year. In 30 of the 34 calendar years since 1980, the stock market, as measured by the S&P 500 Index, declined into negative territory at some point.
BATTERIES NOT INCLUDED: MIDYEAR STOCK MARKET OUTLOOK
June 22nd Weekly Market Update This week’s commentary features content from LPL Research’s Midyear Outlook 2015: Some Assembly Required. Expect the bull market to continue through 2015. In the stock market, 2015 has felt like déjà vu. In 2014, the year began with a...
BEIGE BOOK: WINDOW ON MAIN STREET
June 8th Weekly Economic Update BEIGE BOOK SUGGESTS CONTINUED MODEST ECONOMIC GROWTH The latest Beige Book suggests that the U.S. economy is still growing at a pace that is at or above its long-term trend, indicating that some of the “transitory factors” that held the...
ACA RULING COULD MAKE HEALTHCARE SECTOR MORE AFFORDABLE
June 8th Weekly Market Update The upcoming Supreme Court decision regarding premium subsidies for the Affordable Care Act (ACA, aka Obamacare) may create a buying opportunity for the healthcare sector. We believe the odds favor the status quo (all subsidies legal...
GRADING THE FED’S QE PROGRAM: WEEK 3
June 1st Weekly Economic Update This week’s Weekly Economic Commentary is the third in a series looking back at the Federal Reserve’s (Fed) quantitative easing (QE) programs and evaluating how well they achieved their goals. Why grade the Fed now? We have just passed...
THE GREEK DRAMA
June 1st Weekly Market Update There is no question that Greece is tangled economically and politically in Europe. This was by design — the adoption of the euro was intended to be permanent, as was membership in the European Union (EU).* These entanglements are being...
GRADING THE FED’S QE PROGRAM: WEEK 2
May 25th Weekly Economic Update We gave the Federal Reserve’s (Fed) quantitative easing (QE) a passing grade for lowering financial market and banking stress levels in last week’s Weekly Economic Commentary, “Grading the Fed’s QE Program: A Multi-Week Group Project,”...
GLOBAL EARNINGS UPDATE: THE TIDE IS TURNING
May 25th Weekly Market Update Last week in a tribute to David Letterman’s last Late Show, we highlighted our top 10 keys for stocks. But there was one notable omission: earnings. With the U.S. earnings season effectively over, we did not list earnings as a key driver...
TOP 10 KEYS FOR STOCKS
May 18th Weekly Market Update This week we pay tribute to David Letterman’s last Late Show on May 20, 2015, with our own top 10 list: the top 10 keys for stocks. Mr. Letterman has had quite a long and successful run as a late night TV host on two networks. Late Night...