Wow, What a Year Last Week Was!

Posted by lplresearch Tuesday, January 11, 2022 After negative returns for many fixed income sectors in 2021, the last thing fixed income investors wanted to see to start 2022 was more red, but that is unfortunately what happened. The Federal Reserve (Fed) meeting minutes were released last week and further confirmed the Fed’s recent hawkish shift […]

January 11, 2022

Inflation Soars, Markets Shrug

Posted by lplresearch Wednesday, January 12, 2022 Inflation soared 7% in 2021 according to Consumer Price Index (CPI) data released this morning by the Bureau of Labor Statistics, as seen in the LPL Chart of the Day, its highest level since 1982. There was little consolation in the “core” reading (excluding food and energy). While a little […]

January 12, 2022

Busting Two Myths: Why Higher Yields And Rate Hikes Aren’t Always Bad

Posted by lplresearch Thursday, January 13, 2022 Lately we’ve seen two things swirling that some investors think could hurt them down the road. The idea that higher yields and rate hikes are bad is all over the place, but it all might not be so simple. In fact, looking back at history, neither are necessarily true. […]

January 13, 2022

Corporate Credit Markets are Healthy but Remain Expensive

Posted by lplresearch Tuesday, January 18, 2022 Like other core fixed income sectors, investment grade corporate credit has had a tough start to the year. After losing 1.0% last year, investment grade corporate debt is off another 2.4% (through January 14) in 2022. However, the paper losses this year (and last year frankly) are not due […]

January 18, 2022

Have We Reached The Peak In Omicron Cases?

Posted by lplresearch Wednesday, January 19, 2022 Have we reached the peak in new COVID-19 cases in the United States linked to the Omicron variant, and how is its rapid spread affecting U.S. consumer behavior? We look to high-frequency data for early clues and see that Omicron appears to be moderating behavior in a similar way […]

January 19, 2022

Slowing But Stable Global Growth Outlook

Posted by lplresearch January 20, 2022 Similar to the U.S. Leading Economic Index (LEI) from the Conference Board, we believe global leading indicators can provide useful insight into where economies around the world may be headed in the near term. Specifically, we track the global Composite Leading Indicators (CLI) from the OECD. The latest data for December […]

January 20, 2022

How Did Stocks Do The First Year Under President Biden?

Posted by lplresearch Friday, January 21, 2022 President Biden took over the Oval Office a year ago yesterday, on January 20, 2021. So how did things go for the stock market? Let’s dive into it. “The Dow gained 12.3% the first year under President Biden, which is right about the average first year return of 12.1%,” […]

January 21, 2022

What Could Happen If Russia Invades Ukraine?

Posted by lplresearch Wednesday, January 25, 2022 With tensions running high in Eastern Europe, we’ve had many questions come in asking what could happen to stocks if Russia indeed did attack or invade Ukraine. “As devastating as a major conflict could be between Russia and Ukraine, the truth is stocks likely will be able to withstand […]

January 25, 2022

Stocks Stage an Extraordinary Comeback, But What Comes Next?

Posted by lplresearch Tuesday, January 25, 2022 On Friday, January 21, the S&P 500 Index closed below its 200-day moving average for the first time since June 2020 and by mid-day on Monday was 10% below its all-time highs, one of the fastest 10% declines from the start of a year on record. “Big market swings […]

All You Wanted To Know About Stock Market Corrections

Posted by lplresearch Wednesday, January 26, 2022 2022 has been one of the worst starts to a year ever for stocks. As of January 25, 2022, the S&P 500 is down 9.2% (on a closing basis) from the peak earlier this year, suggesting we are inching closer to a potential market correction of 10%, the first since […]

January 26, 2022