For the second year in a row, we have experienced an early summer economic soft spot with Europe at the epicenter. Last year, the S&P 500 market posted gains through late spring when concerns about Europe’s debt and an environmental catastrophe (oil leak in the Gulf) started a summer of volatility and uneven economic data. [...]
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European Debt
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 June 13, 2011
by Rose Greene, CFP on June 14, 2011
America’s Latest Pastime Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights The attraction of a summer day at the ballpark endures, but it is no longer the most common topic of conversation during these early days of summer. The boys of summer are taking a backseat to the Dogs of the Dow. After six [...]
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