When the Dow hits a fresh record high after a long drought, as it did last week, it tends to be followed by above-average performance.
Month: September 2018
The Federal Reserve’s monetary policy meeting will be a focal point for markets this week.
Positions maintained (no changes); updates on LPL Research’s views on equity, equity sectors, fixed income, and alternative asset classes.
Beige book suggests continued moderate economic growth.
Policy uncertainty surrounding the upcoming midterm elections may lead to an increase in near-term market volatility.
Overall, economic reports released in August—mostly reflecting economic activity in July—indicated solid U.S. economic growth without significant inflationary pressures, even though evidence grew of some cooling from trade concerns.
Strong manufacturing growth is a bellwether for overall economic health.
Sentiment on emerging markets (EM) is reaching levels consistent with a contrarian buy signal.
This Client Letter discusses recent positive indicators for U.S. economy and stocks, which we believe outweigh some areas for investor concern.
Signs of sustainable productivity growth are emerging, thanks to solid economic fundamentals and the tailwind of fiscal stimulus.