Weekly Market Commentary
High quality research to help you make smart decisions with your money.
LPL Research
Each week the LPL Financial Research team assembles thoughtful insight on market news. Check back here every week for the latest news on markets, economy, and investments.
Can Corporate America Keep it Rolling?
January 10, 2022
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As 2022 begins, it looks like that number may end up higher than the latest LPL Research estimate of $205, one of the biggest earnings upside surprises ever and a big reason why stocks did so well last year.
Three 2021 Market Lessons for 2022
January 3, 2022
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Welcome to the New Year for markets, when year-to-date returns all reset to 0% and the year ahead is still a blank slate.
How Much Higher Can Treasury Yields Go?
December 27, 2021
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We expect interest rates to move modestly higher in 2022 based on near-term inflation expectations above historical trends and improving growth expectations once the impact of COVID-19 variants recede.
Stock Market Outlook 2022: Another good year?
December 20, 2021
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We expect solid economic and earnings growth to help stocks deliver gains in 2022. When forecasting stock market performance, we start with the economic cycle.
Economic Outlook 2022
December 13, 2021
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We believe pent-up demand, gradual improvement in supply chain challenges, solid labor force growth, and productivity gains will all contribute to another year of above-trend economic growth in 2022.
Will Omicron ruin the Santa rally?
December 6, 2021
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Historically, December has been a great month for stocks, but now we have the Omicron variant causing major volatility and uncertainty.
The Stock Market, Economy, and New Year: Three Reasons To Be Thankful
November 22, 2021
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There are only six weeks to go in 2021 and it has been an incredible year for the stock market bulls. In fact, in many ways it could go down as one of the best years ever.
A peek at peak inflation
November 15, 2021
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After an upside inflation surprise in October, it’s clear that peak inflation may still be ahead, possibly even pushing into 2022. While the Federal Reserve (Fed) maintains its position that elevated inflation will be transitory, we have yet to see progress.
Developed International: If Not Now, When?
November 8, 2021
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Since we began our investing careers, we’ve had the concept of diversification drilled into our heads. Some refer to it as the only free lunch in investing. Well, when it comes to geography, that advice hasn’t been helpful for some time (you could say the same about value-style investing).
5 Things That Might Spook Markets
November 1, 2021
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With Halloween over the weekend, what better to write about this week than what scares us? If our positive near-term market outlook proves to be overly optimistic, we believe one—or perhaps more than one—of these five things may spook the markets.
Bullish Setup Into Year-End
October 25, 2021
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The S&P 500 Index has gained more than 20% so far this year, making more than 50 record highs along the way. Certainly nobody should be upset with that return if that was all 2021 brought us.
Revisiting Our 10-Year Treasury Yield Forecast
September 20, 2021
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Until recently, we expected the 10-year Treasury yield to end the year between 1.75% and 2.0%. Now, however, there are two key elements suggesting we are unlikely to see significantly higher interest rates by year end: The Delta variant’s impact on economic growth expectations, and the continued demand for U.S. Treasuries by foreign investors. As such, our new year-end target for the 10-year Treasury yield is between 1.50% and 1.75%.
Policy Risks Loom But Clarity Ahead
September 13, 2021
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LPL Research explores a few policy-related risks that may increase market volatility in the near-term but maintain the fundamental backdrop for the economy remains strong.
Poking The Bear
AUGUST 30, 2021
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2021 has been an amazing year for stocks, with the S&P 500 up approximately 20% for the year without so much as a 5% pullback. Additionally, it has made 52 new all-time highs so far.
Why Stagflation Isn’t In the Cards
AUGUST 23, 2021
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The term stagflation has been circulating increasingly in the financial media as inflation readings have risen sharply in recent months. The term is often associated with the 1970s, which saw runaway inflation—largely driven by sky-high energy prices—and lackluster economic growth.
Corporate America Does It Again
AUGUST 16, 2021
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Corporate America did it again. Companies blew by estimates and made strategists and analysts look silly. S&P 500 earnings growth did not surprise by quite as much as in the first quarter, but came pretty close.
COVID Update: Delta Variant Market Impact
AUGUST 09, 2021
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LPL Research shares some insight into what may be on the horizon for markets, policy, and the economy as we head into August 2021.
Five Things To Know Heading Into August
August 02, 2021
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LPL Research shares some insight into what may be on the horizon for markets, policy, and the economy as we head into August 2021.
Six Surprises So Far in 2021
July 26, 2021
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LPL Research talks about a few things that have surprised them with markets, policy, and the economy in 2021.
Don't Expect the Fed To End This Bull Anytime Soon
January 18, 2022
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The Federal Reserve (Fed) has engineered a massive hawkish shift, causing a bit more stock market volatility recently.