Apocalypse Soon Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights The purported end of the world falls exactly one year from this Wednesday, December 21, 2011. Like a primeval Y2K event, 2012-ers believe that one year from now the earth will experience a catastrophe or an enlightenment. Surprisingly, we agree. The year 2012 will [...]
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LPL Financial Research
A European Christmas Carol Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights Europe’s leaders have seen the ghost of Christmas Past (2008), Present (Greece, etc.) and Yet to Come (break up). Their pursuit of Scrooge-like austerity measures may allow the leaders of Germany and France to see the light and let the ECB buy [...]
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Black Friday Caps a Dark Week for Investors Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights It was a black Friday for investors as the holiday week closed with the S&P 500 turning in its worst performance during the week of Thanksgiving since 1932. Fear gripped the market that the risk of a default [...]
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Super Committee: Go Big or Go Home? Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights Even with no agreement from the super committee, an end-of-year deal may still take place that may pair a smaller deficit reduction package of a few hundred billion dollars with the extension of the expiring payroll tax cut and [...]
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LPL Financial Weekly Market Commentary for December 13, 2011
by Rose Greene, CFP on December 13, 2011
New Ideas Are Not Just for Europe Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights The weaker pace of productivity in recent years could mean slower profit growth ahead for S&P 500 companies. Fortunately, business spending on research and development (R&D) has improved, and patent grants are now on the rise. It typically takes [...]
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