LPL Street View: Know Your Fixed-Income Exposure

Market Strategy Blog Posted by lplresearch Thursday, July 1, 2021 We believe one of the biggest mistakes investors can make is not adequately understanding the risk they are potentially taking in their fixed-income portfolios.  This is perhaps particularly true today, as the prevailing low-interest-rate environment has caused investors to increasingly seek exposures in higher-yielding fixed-income securities.  […]

July 1, 2021

Stocks Are Going Streaking

Market Blog Posted by lplresearch Wednesday, July 7, 2021 To quote the great Frank the Tank from Old School, “We’re going streaking!” Although Frank had another idea, stocks have been streaking in some historic ways, both near-term and longer-term. Let’s start with the more recent action. The S&P 500 Index was recently higher seven consecutive days […]

July 7, 2021

ISM Service Strong, but Strong Enough?

Economic Blog Posted by lplresearch Thursday, July 8, 2021 The June Institute for Supply Management (ISM) Services Index was a bit softer than expected (60.1 vs. the Bloomberg consensus estimate of 63.5), although the overall reading remained near multi-year highs. The June figure also came in lower than May’s reading of 64.0. Survey respondents were bullish […]

July 8, 2021

Is This the Start of a Correction?

Market Blog Posted by lplresearch Friday, July 9, 2021 The S&P 500 Index closed at a record high on Wednesday, yet investors seem increasingly on edge with the VIX Index, a measure of implied volatility on the S&P 500, spiking nearly 40% week-to-date. We won’t bury the lead here, our answer to the title is simple: […]

July 9, 2021

LPL Research Releases Midyear Outlook 2021: Picking Up Speed

Market Blog Posted by lplresearch Tuesday, July 13, 2021 LPL Research is proud to announce the release of Midyear Outlook 2021: Picking Up Speed. While the speed can be exhilarating as economic growth accelerates, it can also be dangerous. Our updated outlook is designed to help you navigate the risks and opportunities brought on by the economy’s reopening […]

July 13, 2021

Canary In The Coalmine?

Market Blog Posted by lplresearch Wednesday, July 14, 2021 To state the obvious, coal mining is a dangerous occupation. Not only do coal miners have to deal with collapsing tunnels and explosions, they also have to deal with the potential for dangerous carbon monoxide fumes. Crafty folks that (obviously) wanted to stay alive, coal miners would […]

July 14, 2021

Main Street Sentiment Remains Strong Despite Risks from Speedy Recovery

Economic Blog Posted by lplresearch Friday, July 16, 2021 Sentiment on Main Street remains strong as the U.S. economy continues to move towards normalcy, but concerns about the impact of a strong but uneven recovery are rising as higher prices, supply chain bottlenecks, and trouble finding qualified workers weigh on businesses’ ability to expand. As shown […]

July 16, 2021

A Check-In on Inflation

Economic Blog Posted by lplresearch Friday, July 16, 2021 This week has provided investors with a fresh batch of data carrying the potential to heavily affect the inflation debate. Tuesday brought us the Consumer Price Index (CPI) for June, while Wednesday saw the release of the Producer Price Index (PPI) for June as well as the […]

The Recession Is Over, So What Happens Next?

Market Blog Posted by lplresearch Tuesday, July 20, 2021 The National Bureau of Economic Research (NBER) announced yesterday that the COVID-19 recession is over. If things don’t feel all that different, it’s because they announced the recession ended in April 2020. Yes, that’s last year. We are now in the 15th month of the new expansion. This […]

July 20, 2021

Is It Time For A 5% Pullback?

Market Blog Posted by lplresearch Wednesday, July 21, 2021 Monday’s big down day was a harsh reminder of how markets actually can produce volatility. It was the worst day of the year for the Dow and only the second drop of 1% or more for the S&P 500 Index in just over two months. As we […]

July 21, 2021