“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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LPL Financial Weekly Economic Commentary for February 22, 2010
by Rose Greene, CFP on February 24, 2010
“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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