While earnings declined year over year in the third quarter, results still exceeded expectations. Tariffs, ongoing policy uncertainty, and slower global growth have led to this earnings lull, but we remain optimistic that earnings growth bottomed last quarter and is poised to accelerate.
Month: November 2019
U.S. stocks’ rally paused this week as investors processed another batch of trade headlines.
LPL Research continues to support a bullish bias toward stocks as we head into year-end due to market momentum, breadth, and seasonality.
We expect steady growth in the U.S. economy and corporate profits in 2020.
U.S. stocks rallied for the sixth consecutive week, notching new record highs along the way.
October economic data pointed to a slowing – but still growing – U.S. economy.
We expect a strong U.S. labor market and solid consumer spending to fend off a recessionary environment.
U.S. stocks rallied for the fifth consecutive week, notching new record highs along the way.
Stocks have hit new highs, and we see several reasons this bull market could continue to deliver more highs.
The S&P 500 Index reached a fresh new high October 28, eclipsing the previous high of 3,025 set July 26, 2019.
