KEY TAKEAWAYS We believe the economic and earnings environment will support the potential for additional gains for stocks over the second half of 2019. Better than expected earnings may be a positive stock market catalyst while historical patterns forecast the...
KEY TAKEAWAYS Fundamentals continue to support steady but moderate economic growth. Even if growth slows, the U.S. job market continues to be a bright spot. Productivity growth is the key to sustaining a virtuous cycle. Progress on trade is central to our growth...
We are pleased to announce the release of the LPL Research Midyear Outlook 2019: FUNDAMENTAL: How to Focus on What Really Matters in the Markets, with investment insights and market guidance through the end of 2019. LPL Research believes that even as investors face...
COMPASS CHANGES Bank loans view lowered from Neutral to Negative/Neutral Industrial metals view lowered from Neutral to Negative/Neutral INVESTMENT TAKEAWAYS We maintain our year-end 2019 fair value target for the S&P 500 Index of 3,000. Despite a slight reduction...
KEY TAKEAWAYS Stocks have benefited recently from increasing hopes of a Fed rate cut, although investors probably won’t get one this week. Stocks’ historical performance after initial Fed rate cuts has been mostly positive, but it has been greatly dependent on the...
KEY TAKEAWAYS The Federal Reserve is scheduled to announce its next policy decision June 19. We think a language change is more likely than a policy change at this meeting. Economic fundamentals are still sound, but the Fed must address plans to mitigate trade risk....