Bond Market Perspectives: Tide Turning in 10-Year Treasury Futures

Speculators who built the biggest net short position on record in 10-year Treasury futures have reversed course. As shown in the LPL Chart of the Day, non-hedging traders’ net short position in 10-year futures decreased for five straight weeks through October 30, the...

Market Update | November 13, 2018

Macro View Daily Insights Stocks pause after back-to-back weekly gains. After rebounding from October’s volatility spike over the past two weeks, investors used negative headlines tied to a few bellwether firms in the U.S., along with political tensions in Europe and...

Market Insight Monthly | October 2018

Economy: Solid Economic Growth, Manageable Inflation Economic Data Overall, October’s economic reports reflected solid U.S. economic growth and manageable inflationary pressures. The Conference Board’s Leading Economic Index (LEI), an aggregate of 10 leading...

Midterm Takeaways | Weekly Market Commentary | November 12, 2018

KEY TAKEAWAYS Getting past the midterm election removes uncertainty and enables investors to focus on fundamentals, which we believe can be positive for stocks. Gridlock may potentially help shorten and smooth out the path to a possible trade deal with China....

Trade Check-In | Weekly Economic Commentary | November 12, 2018

KEY TAKEAWAYS So far, the global economy has avoided a trade breakdown, as exports and imports are growing steadily for both the U.S. and China. Small cracks are forming from the indirect impact of trade tensions, however, and they could become more meaningful over...

Is Gridlock Good for the Markets?

This question is being asked a lot following last week’s midterm election results, in which the Republicans held onto the Senate and the Democrats claimed control of the House. In one sense, these results may not matter for U.S. stocks. As shown in LPL’s Chart of the...