Beyond the Near-Term Clouds the Outlook May be Brightening for Long-Term Investors Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights We believe that the most consistently accurate predictor of long-term stock market returns is the S&P 500 Index price-to-earnings ratio (P/E). The P/E has demonstrated consistent success predicting long-term returns going all the way [...]
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Financial Planning
The Markets’ Recession Obsession Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights Investors may not need to worry about the impact of a recession since it already appears to be fully priced in to both stocks and bonds. This is not unusual. Historically, the stock market has often bottomed before the recession was even [...]
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Summer Roller Coaster Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights Knowing the extent of the highs and lows and when it is going to be over play a crucial role in the summertime fun of riding a metal roller coaster. Riding a market roller coaster offers no such assurances and is no fun [...]
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Debt Ceiling Debate Outcomes and Market Impact Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights We update the probabilities of the four potential outcomes emerging from the debt ceiling debate over the next two weeks. We continue to believe the most likely outcome by Aug 2 contains spending cuts totaling $1 – 2 trillion [...]
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LPL Financial Weekly Market Commentary for October 11, 2011
by Rose Greene, CFP on October 11, 2011
Earnings Season: What to Watch Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights While macroeconomic factors are likely to remain key drivers of the market this week, microeconomics will also garner investors’ attention as companies begin to release their third quarter earnings reports. Market participants have priced declines in earnings into stock market valuations. [...]
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