We dedicated a lot of real estate in our 2018 Midyear Outlook publication to the idea that the business cycle may still have legs, considering indicators such as the ISM Manufacturing Index, the Leading Economic Index, and the yield curve. The strong growth in corporate profits also points to further economic growth ahead: The U.S. economy has never been in recession when corporate profits were growing. Continue reading
Market Update: Wednesday, September 19, 2018
Daily Insights
- New LPL Market Signals Podcast. On our latest LPL Research podcast, due out later today, Chief Investment Strategist John Lynch and Senior Market Strategist Ryan Detrick reflect on their memories of the financial crisis, and discuss the changes in today’s market landscape 10 years later. Please join our discussion on social via #LPLMarketSignals.
Market Update: Tuesday, September 18, 2018
Daily Insights
- LPL Market Signals Podcast. In case you missed it, listen to Senior Market Strategist Ryan Detrick and Equity Strategist & Portfolio Manager Jeffrey Buchbinder talk about pullbacks in emerging markets, the manufacturing sector’s continued strength, and other factors affecting the current economic cycle. Please join our discussion on social via #LPLMarketSignals.
Midterm Elections and Stocks: Friends or Foes?
2018 continues to be a solid year for U.S. equities, even in the face of many well-documented concerns (we’re looking at trade worries and the flattening yield curve here). Want some good news? The calendar may quickly become a bull’s best friend. Continue reading
Have You Heard the New LPL Research Podcast?
LPL Research is very proud to announce a new way for you and your clients to get the latest market news and perspectives with our new podcast series, LPL Market Signals. This weekly series will feature Chief Investment Strategist John Lynch and Senior Market Strategist Ryan Detrick, along with other members of the LPL Research team. Continue reading
Market Update: Monday, September 17, 2018
Daily Insights
- New LPL Market Signals Podcast. In case you missed it, listen to Senior Market Strategist Ryan Detrick and Equity Strategist & Portfolio Manager Jeffrey Buchbinder talk about pullbacks in emerging markets, the manufacturing sector’s continued strength, and other factors affecting the current economic cycle. Please join our discussion on social via #LPLMarketSignals.
Weekly Update 9/14/2018 – Central Bank Meetings Abound, but Trade Still the Focus
US: S&P 500 Index +1.2%, Dow +0.9%, Nasdaq +1.4%
Europe: STOXX Europe 600 +1.1%, German DAX +1.4% France CAC 40 +1.9%, U.K. FTSE 100 +0.36%
Asia: Japan Nikkei +3.5%, China Shanghai Composite -0.8%, Korea KOSPI +1.6%
Rates/Commodities: 10-Year Treasury yield +5 basis points to 2.99%, WTI crude oil +1.3%, COMEX gold +0.4%
It was a mostly upbeat week for global markets as investors moved back into the market, pushing regional equity indexes up and bond prices down. Monetary policy meetings were held by the central banks of Europe, England, Russia, and Turkey. Continue reading
Market Update: Friday, September 14, 2018
Daily Insights
- New LPL Market Signals Podcast. In case you missed it, listen to Senior Market Strategist Ryan Detrick and Equity Strategist & Portfolio Manager Jeffrey Buchbinder talk about pullbacks in emerging markets, the manufacturing sector’s continued strength, and other factors affecting the current economic cycle. Please join our discussion on social via #LPLMarketSignals.
Hurricane Impact on Stocks
On behalf of the LPL Research team, our thoughts go out to the millions of people who will be impacted by Hurricane Florence. Continue reading
Pricing and Wage Pressures Manageable Compared to Historical Inflation
Recent economic reports have been scrutinized for clues on inflation, especially after the August jobs report pointed to the fastest wage growth of the economic cycle. Continue reading