January May Seem “Super,” but Don’t Be Bowled Over Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights The upcoming Super Bowl will test the stock market’s historical correlations with the calendar and events that proved rewarding to investors in 2011. Investors’ New Year’s resolution may have been to buy stocks after five years of [...]
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GDP
Apocalypse Soon Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights The purported end of the world falls exactly one year from this Wednesday, December 21, 2011. Like a primeval Y2K event, 2012-ers believe that one year from now the earth will experience a catastrophe or an enlightenment. Surprisingly, we agree. The year 2012 will [...]
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The Pink Swan Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights A “black swan” event — a rare, unexpected event that has a major impact — is most often referred to as something with negative consequences. Investors have sharply discounted the odds of a positive surprise, or “pink swan” event. While investors fret over [...]
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Quote of the week. Reputation is what other people know about you. Honor is what you know about yourself.” – Lois McMaster Bujold 4Q GDP: 5.7%: That is the preliminary reading from the Commerce Department, and that is the best reading since 3Q 2003. Economists pointed out that much of the increase reflected companies rebuilding [...]
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LPL Financial Weekly Market Commentary for December 13, 2011
by Rose Greene, CFP on December 13, 2011
New Ideas Are Not Just for Europe Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights The weaker pace of productivity in recent years could mean slower profit growth ahead for S&P 500 companies. Fortunately, business spending on research and development (R&D) has improved, and patent grants are now on the rise. It typically takes [...]
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