U.S. economic growth has slowed in 2019. However, the economy is still growing, and we believe it will continue growing through 2020. As we highlighted in our Outlook 2020: Bringing Markets Into Focus, we’re projecting real GDP growth of 1.75% in 2020, slightly below average for this economic expansion.
Author: egpwm-dev
U.S. stocks eked out a small weekly gain, based on the S&P 500 Index, thanks to Friday’s rally on the November jobs report.
Market momentum, global participation, and technical support all provide reasons to think gains may not be over for 2019. While volatility is always possible, record highs need not be be feared, and seasonal tendencies may remain a tailwind.
U.S. stocks rose for the seventh time in eight weeks as investors took cues from a new batch of optimistic trade headlines.
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.
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.
