Central Banks Speak

Posted by lplresearch Economic Blog The US Federal Reserve (Fed) and Bank of Japan (BoJ) both meet this week, while the European Central Bank (ECB) met last week. When central bankers talk— markets listen. “The global economy has been steadying faster than many expected,” said LPL Financial Chief Investment Officer Burt White. “But we still have […]

September 15, 2020

LPL Market Signals: The Correction Continues

Posted by lplresearch Market Blog In the recent LPL Market Signals video, LPL Financial Chief Market Strategist Ryan Detrick and Equity Strategist Jeff Buchbinder discuss the recent two-week losing streak for stocks and more, including: The fastest correction ever for the Nasdaq—and why that might be a good thing The split economic recovery where some parts are coming […]

September 16, 2020

Retails Sales Shifting to Slower Growth

Posted by lplresearch Economic Blog Retail sales rose 0.6% month over month in August following July’s downwardly revised 0.9% advance, but sales fell short of Bloomberg’s consensus expectation for a 1% increase. The retail sales control group, which excludes building materials, autos, and gas,  fell 0.1% month over month and also missed estimates (source: US Census […]

Election Charts You Need To See: Part 3

Posted by lplresearch Market Blog One of the top requests we’ve received the past few weeks is for more charts on the US elections. We shared some of our favorite in Election Charts You Need to See: Part 1 and Part 2, and today’s the third blog in our series on this important event. S&P 500 […]

September 18, 2020

Recessions and Recoveries Go Together!

Check Out the New StreetView Video: https://www.youtube.com/watch?v=wXKkcNUKTvs

September 21, 2020

5 Real-Time Data Charts To Track the Recovery

Posted by lplresearch Economic Blog We check in again today on some of the real-time economic data that LPL Research is monitoring to provide timely and valuable insights into the state of the US economy. Traditional economic data is often reported too slowly to pick up the changes that are occurring in response to the COVID-19 […]

How Bonds May Perform When Rates and Stocks Fall

Posted by lplresearch Market Blog A few weeks ago we looked at how different bond sectors performed during rising rate periods during the last economic cycle (2009–2020). Today we look at falling rate periods—not the outcome we expect, but it can still be helpful to understand how investments respond to different environments. As shown in the […]

September 22, 2020

6 Months From the Low

Posted by lplresearch Market Blog On March 23, 2020, the S&P 500 Index closed down 2.9% for the day, bringing its total loss from its all-time high to 33.9%. The index was in the midst of its fastest bear market ever. A day earlier, New York Governor Andrew Cuomo had ordered the statewide closure of all non-essential […]

September 23, 2020

COVID-19 Trends Weaken the Case for Investing in Europe

Posted by lplresearch Economic Blog In recent months, we have warmed up to Europe as a destination for equity investments in global portfolios. Through July, Europe had done a relatively good job containing the first wave of COVID-19, and cases were plummeting to multi-month lows. Meanwhile, the United States was struggling with its second wave—or perhaps […]

September 24, 2020

September Bears Strike Again

Posted by lplresearch Market Blog The September weakness continued with the S&P 500 Index 9.6% off the all-time high set on September 2 (as of 9/23/20). It is important to remember that after a 60% rally in the S&P 500—and much more in some of the large cap tech stocks—this type of seasonal weakness is normal […]

September 25, 2020