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Research Publication

LPL’s U.S. Real GDP Forecast Change | Weekly Market Commentary | August 26, 2019

We have lowered our projections for U.S. gross domestic product (GDP), the 10-year U.S. Treasury yield, and operating earnings for the S&P 500 Index in 2019, as we noted in the August 19 Weekly Market Commentary: Tweaking Forecasts, and introduced our preliminary 2020 forecasts.
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Research Publication

Portfolio Compass | August 21, 2019

We have maintained our S&P 500 Index year-end fair value target of 3,000 despite our lowered economic and earnings growth forecasts amid trade uncertainty.
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Research Publication

Tweaking Our Forecasts | Weekly Market Commentary | August 19, 2019

Recession fears from the yield curve inversion offset the boost from the tariff delay.
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Research Publication

The New (Ab)normal | Weekly Market Commentary | August 12, 2019

Stocks endured significant volatility last week but showed some resilience Wednesday, August 7.
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Research Publication

Stocks & Bonds: Turn Down For What! | Weekly Market Performance | August 16, 2019

Investors endured another volatile five-day stretch as the combination of trade uncertainty, plunging global bond yields, and conflicting messages between the United States and global economies further pressured stock prices.
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Research Publication

Market Insight Monthly | July 2019

Gross domestic product (GDP) increased 2.1% in the second quarter, bolstered by consumer spending’s 2.9% contribution to growth.
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Research Publication

Seasonal Slump? | Weekly Market Commentary | August 5, 2019

Last week’s stock market slide begs the question whether this August will fit its historical pattern of seasonal weakness.
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Research Publication

The Fed’s Course Correction | Weekly Economic Commentary | August 5, 2019

The Fed cut interest rates for the first time in 10 years
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Research Publication

A Fed Rate Cut and the Economy | Client Letter | August 1, 2019

The Fed cut interest rates even though the economy is still growing, albeit slowly.