Research

Job Market Stands Strong | Weekly Economic Commentary | July 8, 2019

KEY TAKEAWAYS The June jobs report was unexpectedly strong, especially after a disappointing May Labor market strength could buoy otherwise moderate economic prospects. However, the resilient job market could complicate the Fed’s policy debate. Click here to download...

Longest Economic Expansion Ever | Client Letter | July 3, 2019

Happy Birthday, United States of America! As we celebrate our nation’s birthday, U.S. leadership on the world stage remains in focus. We received good news on the global trade front from the recent G20 Summit in Japan. President Trump and China’s President Xi agreed...

Moderate Growth Ahead | Weekly Economic Commentary | July 1, 2019

KEY TAKEAWAYS Fundamentals continue to support steady but moderate economic growth. Even if growth slows, the U.S. job market continues to be a bright spot. Productivity growth is the key to sustaining a virtuous cycle. Progress on trade is central to our growth...

Midyear Outlook 2019: Client Letter

We are pleased to announce the release of the LPL Research Midyear Outlook 2019: FUNDAMENTAL: How to Focus on What Really Matters in the Markets, with investment insights and market guidance through the end of 2019. LPL Research believes that even as investors face...

Portfolio Compass | June 19, 2019

COMPASS CHANGES Bank loans view lowered from Neutral to Negative/Neutral Industrial metals view lowered from Neutral to Negative/Neutral INVESTMENT TAKEAWAYS We maintain our year-end 2019 fair value target for the S&P 500 Index of 3,000. Despite a slight...