U.S. Housing Starts Continue to Ramp Up

Economic Blog Posted by lplresearch Thursday, July 22, 2021 In data we received on Tuesday, July 20, U.S. Housing Starts increased 6.3% in June to 1.64 million units, a 3-month high. By region, housing starts rose in the South and West, and in the Northeast, single-family home construction soared more than 34% from the prior month. […]

July 22, 2021

LPL Market Signals: Mr. Powell Goes to Washington

Market Blog Posted by lplresearch Friday, July 23, 2021 Inflation is soaring and Jerome Powell still isn’t overly worried about it. In fact, he was grilled by Congress last week and held his ground on his inflation views. This week in the LPL Market Signals podcast Chief Market Strategist Ryan Detrick and Equity Strategist Jeff Buchbinder […]

July 23, 2021

Leading Indicators Forecasting Continued Growth

Economic Blog Posted by lplresearch Friday, July 23, 2021 On Thursday, July 22, the Conference Board released its June 2021 report detailing the latest reading for the Leading Economic Index (LEI), a composite of ten data series that tend to lead changes in economic activity. Many economic data points are backward looking, but we pay special […]

Federal Reserve Meeting Preview

Market Blog Posted by lplresearch Tuesday, July 27, 2021 The Federal Reserve (Fed) meets this week to discuss its ongoing support for the U.S. economy. During its regularly scheduled two-day meeting, the nineteen-member committee is expected to discuss if and when the Fed should start to remove the emergency level monetary accommodation that it has provided […]

July 27, 2021

Services Consumption Lifts GDP Growth

Economic Blog Posted by lplresearch Thursday, July 29, 2021 Lofty expectations for second quarter gross domestic product (GDP) growth were left somewhat wanting as a decent headline number fell short of expectations. Peering under the hood, though, we think this is still a fairly solid report. The Bureau of Economic Analysis released its preliminary estimate for […]

July 29, 2021

China Weighs on Emerging Markets Indexes

Market Blog Posted by lplresearch Friday, July 30, 2021 China’s stock exchanges have been hit hard in response to several sudden regulatory actions that have dismayed investors. First came the crackdown on ride sharing service DiDi, which has about a 90% market share in China. Regulators had announced a cybersecurity review soon after its initial public […]

July 30, 2021

Did You Know Stocks Historically Peak in Early August?

Market Blog Posted by lplresearch Monday, August 2, 2021 Hard to believe, but we are in August already! The good news is stocks are still firmly in a bull market, but the bad news is the calendar is a potential worry now. As shown in the LPL Chart of the Day, August and September have been […]

August 2, 2021

While Tough For Equities, August Has Been Good For Fixed Income

Market Blog Posted by lplresearch Tuesday, August 3, 2021 Most investors are aware that seasonal patterns exist in equities, but they may not be as familiar with the seasonal patterns in fixed income markets. As pointed out in the LPL Research Market Blog on Monday, August 2, stocks have historically been relatively weak in August and September. […]

August 3, 2021

July Payrolls Buck Trend Of Recent Weak Economic Data

Economic Blog Posted by lplresearch Friday, August 6, 2021 Investors finally got the strong pop in payrolls many have been calling for, breaking from the string of recent lukewarm jobs reports and weakening data from other segments of the economy that have been stoking peak growth fears. And, yet, while this is an unequivocally bullish jobs […]

August 6, 2021

Leadership Changes Coming to the Federal Reserve?

Market Blog Posted by lplresearch Tuesday, August 10, 2021 The Chairperson of the Federal Reserve (Fed) is appointed by the President of the United States and serves a four-year term. The current Chairperson, Jerome Powell, has held that position since 2018 so his initial term is ending early next year. As such, markets are beginning to […]

August 10, 2021