Third-Quarter Earnings Preview: What to Watch

Third-quarter earnings season effectively kicks off today, and it should be another good one. S&P 500 Index companies are expected to report their ninth consecutive increase in profits and third consecutive quarter with earnings growth of over 20%. We expect these strong earnings gains to be driven mostly by solid economic growth, particularly manufacturing, and tax cuts—though higher oil prices should give energy sector profits a nice boost. The interest rate environment has gotten better for financials recently, which also helps. Continue reading

Market Update: Monday, October 15, 2018

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Daily Insights

  • LPL Market Signals Podcast. In the latest episode of the Market Signals Podcast, listen to Equity Strategist & Portfolio Manager Jeff Buchbinder and Chief Investment Strategist John Lynch discuss Fed Chair Jerome Powell’s speech at the annual meeting of the National Association for Business Economics, as well as some of the factors pointing to continued strength in the economy. Market Signals by LPL Financial is now available on iTunes, Google Play and Spotify. Please join our discussion on social via #LPLMarketSignals.

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