Battle of the Central Banks Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights Among the events vying for investors’ attention this week will be the Federal Reserve meeting on Tuesday and Wednesday. Nearly all of the world’s major central banks have each engaged in a battle to provide aggressive stimulus of similar size relative [...]
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Federal Reserve
Global Profit Recession Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights This quarter is shaping up to be the worst quarter for corporate profits in three years when the recovery was just getting underway, as the United States joins Europe and China in experiencing falling profits. The currently sluggish U.S. economy, European recession, and [...]
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Predicted Policy Positives Priced In, Producing Potential for Precarious Pitfalls Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights The series of economic policy actions in the United States, China, and Europe have already had a powerful positive impact in the markets. The policy events this week are: Germany’s constitutional court ruling, possible aid for [...]
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Fall Forward Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights The past two years indicate that major policy actions must take place in the coming weeks in the United States and Europe to emerge from the soft spot and push the economy forward in the fall. The coming weeks hold the potential for policy [...]
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