LPL RESEARCH PRESENTS outlook mid year 2022- Navigating Turbulence
Markets rarely give us clear skies, and there are always threats to watch for on the horizon, but the right preparation, context, and support can help us navigate anything that may lie ahead. So far, this year hasn’t seen a full-blown crisis like 2008–2009 or 2020, but the ride has been very bumpy. We…Read More
Is There Any Value Left in TIPS?
Posted by Lawrence Gillum, CFA, Fixed Income Strategist July 12, 2022 The consumer price index (CPI) is scheduled to be released on Wednesday and it is widely expected that the headline inflation number will again resemble consumer price increases last seen in the early ‘80s. Currently, consensus expectations are for headline inflation numbers, which include food…Read More
How Our Economy Can Bounce Back
Stocks have weakened as various global concerns keep popping up. Stretched valuations, weakening technicals, and increased tensions between the United States and China have investors on edge. This week, the LPL strategists discuss these important concepts, and more. How bad is it Retail sales fell 16.4% over the past month, the largest monthly decline…Read More
Pulse Check: Should You Ignore the Economic Data and Pullback Odds Are Increasing
More bad economic data A record 20.5 million people lost their jobs in April, well above the previous record of 2 million during World War II. This is further confirmation of how quickly our economy stopped, and the LPL strategists noted that the unemployment rate of 14.5% will likely continue to trend higher over the…Read More
Resilience, Perseverance, and Innovation
Stocks hit a rough patch the last week of April, as the historic rally could be tiring. The news was heavy and the economic data continued to be very weak, but central banks are doing all they can to help weather the storm. Central banks are all in The LPL Research strategists discuss how the…Read More
Have Stay-At-Home Growth Stocks Peaked?
Over the past couple of weeks, we have thankfully witnessed new cases of COVID-19 in the US trending lower. Increasingly, we are also seeing governors implementing plans to re-open their state economies in phases. If the US economy continues to open up and economic growth starts to rebound, relative performance of stay-at-home growth stocks may…Read More
When Will The Recession Officially Start?
With 22 million jobs lost in the past four weeks, a record drop in retail sales, and huge drops in industrial production and housing starts, it is safe to say we are likely in a recession. Even the Federal Reserve (Fed) in the recent Beige Book said that “economic activity contracted sharply and abruptly.” We…Read More
Putting Things in Perspective
The economic data keeps getting worse, yet stocks have been in the midst of one of the greatest multi-week rallies ever. As the LPL Chart of the Day shows, the S&P 500 Index gained 27.2% in the 15 days after the March 23 lows, the greatest three-week rally since 1933. Take note, this rally took place…Read More
Big Annual Declines Are Rare
Stocks have rallied nicely off the March 23 lows on the back of a bold policy response from the Federal Reserve (Fed) and lawmakers in Washington, DC, which was followed by signs that a peak in growth of COVID-19 cases may come soon. At Wednesday’s close, the S&P 500 Index stood 19% above the March…Read More
Is a Depression Coming?
“Could there be another depression” is one of the top questions we’ve received over the past week. “Yes, we are in a recession and many are worried if things may get much worse before they get better,” explained LPL Financial Senior Market Strategist Ryan Detrick. “But we continue to think the double-barrel of support from…Read More