Pullbacks Are Common but Painful | Weekly Market Commentary | August 12, 2024
Like a stubbed toe, pullbacks in the market are inevitable, something investors tend to forget during periods of low volatility.
Like a stubbed toe, pullbacks in the market are inevitable, something investors tend to forget during periods of low volatility.
Stocks must have gotten the memo that August tends to be weak historically. July, the eighth positive month in the past nine, was quickly forgotten
After the sharp August 5 decline, equities are nearing an attractive entry point. LPL’s Strategic and Tactical Asset Allocation Committee (STAAC) maintains its tactical neutral stance on equities, while actively monitoring signs of bottoming. LPL Research continues to preach patience before buying this dip. Bottoming is a process.
Investors had a healthy appetite for risk so far this year as a so-called potential soft landing has been factored in. We have an economy with rising wages, decelerating inflation, and a Federal Reserve (Fed) on the cusp of cutting rates.
All LPL systems, including Account View, are fully operational, and all data reflected in Account View is current as of Friday’s market close. LPL technology
The first half of the year was a challenging environment for a lot of fixed income markets, especially higher-quality markets.
What’s happening? LPL is currently experiencing service disruptions as a result of the global technology outage, and some services are temporarily unavailable, including the online
With the release of the LPL Research Midyear Outlook 2024: Still Waiting for the Turn, in this week’s commentary we pull out key themes from the publication and add some context for our views given stocks have continued to rally — with Thursday a glaring exception as stocks sold off, somewhat surprisingly, after a good consumer inflation report.
LPL Research recently unveiled Midyear Outlook 2024: Still Waiting for the Turn, the semi-annual report that recaps where markets and the economy have been over
Stocks finished the first half of the year the same way they started — with solid gains. Strong rallies from big tech names, combined with
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