Here comes December, historically a pretty solid month for stocks, but now we have the Omicron variant wreaking havoc on markets. “What a difference a week makes. A week ago stocks were at all-time highs and the economy was strong…. Read More
Blog
Tech is Leading Again
The S&P 500 Information Technology Sector has gained 27% in the past six months, outperforming the broader S&P 500 by more than 10%. But could its run of leadership just be getting started? As shown in the LPL Chart of… Read More
Federal Reserve Meeting Recap- It’s Finally Taper Time
The Federal Reserve (Fed) ended its two-day Federal Open Market Committee (FOMC) meeting yesterday and, as expected, announced plans to reduce (taper) its $120 billion a month bond purchase program starting this month. The Fed plans to reduce its Treasury purchases… Read More
Leading Indicators Show Tempered Optimism for Economy
On Thursday, October 21, the Conference Board released its September 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… Read More
Renewed Inflationary Concerns Pushing Global Yields Higher
The week of September 20 was notable for monetary policy as there were eleven central bank meetings, including the U.S., E.U., U.K., Turkey, and Norway, to name a few. While many of these countries are in different phases of an… Read More
Leading Indicators Show Optimism For Domestic Economy
On Thursday, September 23, the Conference Board released its August 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… Read More
Why Evergrande Isn’t The Next Lehman
Chinese property developer Evergrande’s liquidity crisis has sparked fear and massive selling in Chinese property stocks over the past several weeks. The big question is could this be the first domino to fall, sparking a systemic risk scenario, similar to… Read More
Leading Indicators Forecasting Continued Growth
With increased concerns about the Delta variant, high inflation, and recent misses on economic data, it can be easy to forget that we’re still in the middle of a robust economic recovery and leading indicators continue to support a positive… Read More
Here Comes Friday The 13th
“Friday the 13th is still better than Monday the whatever.” No known person to cite, but LPL Research can’t disagree. Tomorrow, August 13, will be the first Friday the 13th since November 2020. For most people, this is just another day,… Read More
Labor Day 2021: The Pandemic’s Impact
2020 was one of the most disruptive years ever for the U.S. job market, almost as significant as the unemployment during the Great Depression in 1933 and surpassing joblessness during the Great Recession from 2006 to 2008. Many businesses shut… Read More