This month I’m featuring an important research White Paper written by Burt White, LPL Financial’s Chief Investment Officer. I call it a “Coffee Cup” read, because you’ll want to settle in with a cup of joe and contemplate his foresight. Below are excerpts, and I recommend downloading the full PDF report for your convenience. -Rose [...]
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From the category archives:
LPL Financial Research
“Watch Your Step” John Canally, CFA Economist LPL Financial Monetary policy took center stage last week, as the Federal Reserve (Fed) took another step toward normalizing monetary policy by raising the discount rate. Aside from another disappointing reading on jobless claims, the week’s economic data on the housing and manufacturing sectors came in better than [...]
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“Volatility Ahead” Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial The volatility and classic 5-10% pullback we have seen so far this year is perfectly normal and very likely to be a recurring pattern throughout 2010 as the economy transitions from recovery to sustainable growth. A key contributor to the volatility that [...]
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By Jeffrey Kleintop, CFA Chief market Strategist LPL Financial Events and data in recent weeks have prompted market participants to view the tailwinds that caused the markets to go sailing higher for much of 2009 as beginning to fade. They now view them as having become more balanced with the rising headwinds associated with increasing [...]
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LPL Financial Weekly Market Commentary for March 1, 2010
by Rose Greene, CFP on March 2, 2010
Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Groundhog Day came late in February for the stock market. Last Thursday’s worsening weekly unemployment claims data spooked stock market investors worried about job growth as February winter storms negatively impacted the data. In that labor report, the stock market saw its shadow and it appears that [...]
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