With March 2017 coming to a close, check out some of our “top advisor tweets” from the past month to see how LPL advisors are keeping themselves, and their clients, on top of the economy and markets:
Wealth Advisors Group, based in Fort Wayne, IN, kept clients informed amid the frenzy of March Madness with LPL Research’s Final Four Factors from our recent Weekly Market Commentary:
…as did Nate Reusser, of Retirement Legacy Group in East Lansing, MI, with a link to the infographic found at LPL Research’s House of Charts.
Mark Leibman, of Leibman Financial Services, based in Louisville, NE, showed clients what could keep the bull market charging with insights from our Weekly Market Commentary.
Clute Wealth Management of Plattsburg, NY and Burlington, VT joined us in wishing happy birthday to the bull, highlighting the LPL Research blog.
As David Bowen from Marana, AZ, knows, to gauge the health of the economy and markets, look no further than LPL Research’s Current Conditions Index, updated monthly in LPL Research’s House of Charts:
When the Fed’s policymaking arm, the Federal Open Market Committee, raised rates by 0.25% (25 basis points) on March 16, Chris Giordano shared takeaways from the LPL Research blog:
How could the recent Fed interest rate hike impact decision-making? De Chappell of Victory Financial Plans and Services, LLC, based in Fitzgerald, GA and Cordele, GA shared the Research team’s insights with her followers:
Anthony Macaluso of Mainstay Financial Management, located in Shelby Township, MI, keeps an eye on the health of the economy with LPL Research’s Recession Watch Dashboard:
Blue Chip Financial, based in Stamford, CT showed the potential impact to high-yield bonds if stocks move lower by featuring a chart from the LPL Research blog.
David LaPointe of La Pointe Wealth Management in Temecula, CA checked in on sentiment at Main Street, highlighting our analysis of the Corporate Beige Book.
LPL Research values the opportunity to hear from our advisors. We invite you to join our daily discussions via @LPLResearch.
We expect GDP growth to accelerate modestly to near 2.5% with a low chance of a recession in 2017, driven by gains in consumer and business spending, supported by potential pro-growth fiscal policies.
We expect mid-single-digit returns for the S&P 500 in 2017 consistent with historical mid-to-late economic cycle performance. We expect S&P 500 gains to be driven by: 1) a pickup in U.S. economic growth partially due to fiscal stimulus; 2) mid- to high-single-digit earnings gains as corporate America emerges from its year-long earnings recession; 3) an expansion in bank lending; and 4) a stable price-to-earnings ratio (PE) of 18 – 19.
Past performance is no guarantee of future results.
The opinions voiced in this material are for general information only and are not intended to provide or be construed as providing specific investment advice or recommendations for any individual security.
The economic forecasts set forth in the presentation may not develop as predicted.
Indices are unmanaged and cannot be invested into directly. Unmanaged index returns do not reflect fees, expenses, or sales charges. Index performance is not indicative of the performance of any investment.
Because of their narrow focus, specialty sector investing, such as healthcare, financials, or energy, will be subject to greater volatility than investing more broadly across many sectors and companies.
There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not ensure against market risk.
Investing in foreign and emerging markets securities involves special additional risks. These risks include, but are not limited to, currency risk, geopolitical risk, and risk associated with varying accounting standards. Investing in emerging markets may accentuate these risks.
Investing in stock includes numerous specific risks including: the fluctuation of dividend, loss of principal and potential illiquidity of the investment in a falling market.
Bonds are subject to market and interest rate risk if sold prior to maturity. Bond and bond mutual fund values and yields will decline as interest rates rise and bonds are subject to availability and change in price.
Government bonds and Treasury bills are guaranteed by the U.S. government as to the timely payment of principal and interest and, if held to maturity, offer a fixed rate of return and fixed principal value. However, the value of fund shares is not guaranteed and will fluctuate.
High-yield/junk bonds are not investment-grade securities, involve substantial risks, and generally should be part of the diversified portfolio of sophisticated investors.
The Standard & Poor’s 500 Index is a capitalization-weighted index of 500 stocks designed to measure performance of the broad domestic economy through changes in the aggregate market value of 500 stocks representing all major industries.
The Standard & Poor’s 500 Total Return Index is a capitalization-weighted index of 500 stocks designed to measure performance, including the reinvestment of dividends, of the broad domestic economy through changes in the aggregate market value of 500 stocks representing all major industries.
The Beige Book is a commonly used name for the Federal Reserve’s (Fed) report called the Summary of Commentary on Current Economic Conditions by Federal Reserve District. It is published just before the Federal Open Market Committee (FOMC) meeting on interest rates and is used to inform the members on changes in the economy since the last meeting.
This research material has been prepared by LPL Financial LLC.
To the extent you are receiving investment advice from a separately registered independent investment advisor, please note that LPL Financial LLC is not an affiliate of and makes no representation with respect to such entity.
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