by lpladvisorsadmin | Oct 25, 2022 | Research, Weekly Market Commentary
If the U.S. economy enters a recession, the causes and potential outcome will be hotly debated. At LPL Research, our starting point is always looking at history. This week’s commentary will remind us of three things we know about historical recessions. 1. Technical...
by lpladvisorsadmin | Oct 18, 2022 | Research, Weekly Market Commentary
Expectations are very low for this earnings season. The challenges are many, with intense cost pressures and slowing economic growth at the top of the list. The chorus of analysts and strategists calling for big cuts to estimates has gotten louder. Expect estimates to...
by lpladvisorsadmin | Oct 10, 2022 | Research, Weekly Market Commentary
As Federal Reserve (Fed) officials continue to emphasize the Fed’s commitment towards restoring price stability, the dollar marches ever higher. Markets are currently pricing in another 75-basis point rate hike at the November 2 Fed meeting as calls for the Fed to...
by lpladvisorsadmin | Oct 7, 2022 | Global Portfolio Strategy, Research
Key changes from September report: Downgrading financials view to negative from neutral. Upgraded our view of duration to neutral Lowered S&P 500 Year-End Fair Value Target to 4,000-4,100 from 4,300-4,400. Investor sentiment was hit from multiple directions in...
by arleneadmin | Oct 5, 2022 | Client Letter, Research
First, we want to acknowledge the tremendous damage and displacement caused by Hurricane Ian. Our thoughts are with those impacted by this devastating storm. This has clearly been a challenging year for households. Stocks and bonds are both down significantly....
