The Stock Market’s Cost of Admission

Market Blog Posted by lplresearch Friday, February 12, 2021 “One of the most helpful things that anybody can learn is to give up trying to catch the last eighth—or the first. These two are the most expensive eighths in the world.” –Jesse Livermore Countless stock investors would prefer to exit their investment precisely at the top […]

February 12, 2021

Got Yield? Hold the Rate Risk, Please

Market Blog Posted by lplresearch Tuesday, February 16, 2020 In LPL Research’s Weekly Market Commentary this week, we looked at some stock and bond options that may be attractive income-producing ideas for suitable income-oriented investors. On the bond side, many income-oriented investors are growing increasingly concerned about taking on additional interest rate risk at the beginning of a […]

February 16, 2021

Stimulus Matters: Retail Sales Rebound Big in January

Economic Blog Posted by lplresearch Thursday, February 18, 2021 The US economy had a tumultuous year in 2020, to say the least, and after rebounding strongly in the third quarter, the holiday surge in COVID-19 cases increased the risk that the economy may stumble heading into the new year. The sharp increase in new COVID-19 cases […]

February 18, 2021

One Year Later: 3 Lessons to Have Learned Since the Market Peak

Market Blog Posted by lplresearch Friday, February 19, 2021 Today marks one year since the market began to price in the effects that COVID-19 would have on the world. The old market adage “stairs up, elevator down” certainly rang true over the coming weeks, as the S&P 500 recorded the fastest bear market (closing 20% below […]

February 19, 2021

Treasury Yields Are Rising. Now What?

Market Blog Posted by lplresearch Tuesday, February 23, 2021 Treasury yields started moving sharply higher this past month (remember that as yields go up, prices go down). And while the upward march began in earnest last August when the 10-Year Treasury yield bottomed at an all-time low rate of 0.50% based on closing prices, the past […]

February 23, 2021

Leading Indicators Signal Potential For Reacceleration

Economic Blog Posted by lplresearch Wednesday, February 24, 2020 Leading economic indicators are providing early signs that we may be exiting a recent soft patch and the economic recovery could be poised for a reacceleration. On Monday, February 22, the Conference Board released its January 2021 report detailing the latest reading for its Leading Economic Index […]

February 24, 2021

Sentiment Getting Frothy, but Long-Term Bullish

Market Blog Posted by lplresearch Thursday, February 25, 2021 With investors taking note of improving COVID-19 trends, an expanding US economy, and additional fiscal stimulus expected in the coming weeks, many are wondering if market sentiment is getting ahead of itself, and the stock market has certainly been on a tear recently. Since the presidential election […]

February 26, 2021

Three Charts You Need to See

Market Blog Posted by lplresearch Friday, February 26, 2021 March is right around the corner and with it is a harsh reminder of one year ago when everything stopped. As we inch closer to a lot of reminders about March 2020, here are three charts that have caught our attention recently. First off, the one year […]

Anatomy of a Bond Market Sell-off

Market Blog Posted by lplresearch Tuesday, March 2, 2021 Coming into 2021, one of our higher-conviction ideas was that we would see rising long-term interest rates in the United States; it’s one of the reasons we recommended suitable investors consider an underweight to interest rate sensitive fixed income. However, we didn’t expect interest rates to move […]

March 2, 2021

Historic Surge for the Energy Sector

Market Blog Posted by lplresearch Wednesday, March 3, 2021 The energy sector has certainly been on a wild ride over the course of the past year, perhaps the wildest of all of the S&P 500 sectors. The outbreak of the pandemic in 2020 caused such a demand shock that oil futures traded for a negative value for the […]

March 3, 2021