The main drivers of the strong first half were the Federal Reserve’s (Fed) U-turn on monetary policy and progress on trade…
Research
Job Market Stands Strong | Weekly Economic Commentary | July 8, 2019
The June jobs report was solid. Labor market conditions rebounded last month from a disappointing May, easing market worries about the impact of trade tensions on corporate hiring…
Longest Economic Expansion Ever | Client Letter | July 3, 2019
Happy Birthday, United States of America! As we celebrate our nation’s birthday, U.S. leadership on the world stage remains in focus…
Stock Fundamentals Still Supportive | Weekly Market Commentary | July 1, 2019
We expect stocks to move higher over the second half of the year. Stocks already have had quite a run in 2019, buoyed by a return to fundamentals…
Moderate Growth Ahead | Weekly Economic Commentary | July 1, 2019
The U.S. economy grew at 3.1% in the first quarter as domestic demand held up well in the face of a government shutdown and trade headwinds…
Midyear Outlook 2019: Client Letter
LPL Research believes that even as investors face prospects for periodic bouts of volatility, emphasizing fundamentals will remain critical for making effective investment decisions…
Portfolio Compass | June 19, 2019
We maintain our year-end 2019 fair value target for the S&P 500 Index of 3,000. Despite a slight reduction in our 2019 S&P 500 earnings forecast and heightened trade tensions…
Stocks and Fed Rate Cuts | Weekly Market Commentary | June 17, 2019
Stocks have benefited recently from increasing hopes of a Fed rate cut, although investors probably won’t get one this week…
Setting The Stage | Weekly Economic Commentary | June 17, 2019
The Federal Reserve’s (Fed) next policy meeting starts June 18 with a policy announcement due June 19…
Market Insight Monthly | May 2019
U.S. economic data improved in May on balance, even as investors battled a resurgence in U.S.-China trade tensions…