Uncertain Fed Means Certain Outcome Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights In his recent testimony to Congress, Federal Reserve Chairman Ben Bernanke used the phrase “unusually uncertain” to describe the U.S. economic outlook. However, based on the Fed’s own words, this current level of uncertainty is actually common at this stage of [...]
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Investing
Weekly Market Commentary, May 24, 2010 Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights We believe this pullback is merely part of the higher volatility in the markets we have been expecting this year to accompany the transition from recovery to sustainable growth. We offer ten reasons why we expect the markets to rebound [...]
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What’s the difference between “billions” and “millions”? About 650 points. Provided by Los Angeles Financial Planner, Rose Greene, CFP ® Did a mistake make a selloff more severe? The Dow Jones Industrial Average settled at 10,520.32 Thursday after a 347.80 loss, with fears over European sovereign debt affecting Wall Street. Yet the 347.80 decline was [...]
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Why the crisis has Wall Street stressed. Provided by Los Angeles Financial Planner, Rose Greene, CFP ® It would be wonderful if the U.S. financial markets could “decouple” themselves from what is going on in Greece, Portugal and Spain. Unfortunately, the debt situation in these countries is like a ripple in a pond. The question [...]
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LPL Financial Weekly Market Commentary for August 16, 2010
by Rose Greene, CFP on August 17, 2010
Missed Opportunity Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights In the first quarter, the markets were focused on a slowdown in China, in the second quarter the concern moved to a slowdown in Europe, and in the third quarter the growth scare has shifted to the United States. In each of the prior [...]
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