LPL Publications

LPL Publications2019-03-25T10:56:35-05:00

Stocks and Fed Rate Cuts – Weekly Market Commentary 6/17/19

A potential rate cut may give stocks a lift. Stocks have benefited recently from increasing hopes of a Federal Reserve (Fed) rate cut, pulling the S&P 500 Index back to within 2% of its record high set on April 30, as of June 14. On June 4 Fed Chair Jay Powell signaled a possible cut by saying “we will act as appropriate to sustain the expansion,” and since then, as of Friday, June 14, 2019, the S&P 500 is up 5.4%. The central bank’s verbal pivot, partly an acknowledgement that they must be ready to offset trade tensions, [...]

BULL MARKET FOR POLICY UNCERTAINTY – Weekly Market Commentary 6/10/19

Last week stocks enjoyed their best week since November 2018 despite rampant policy uncertainty. Policy uncertainty remains high, particularly around trade, but you wouldn’t know it from last week’s stock market rally, which jumped 4.4% on increasing hopes for Federal Reserve (Fed) rate cuts. That jump brought the S&P 500 Index to within 2.5% of its April 30 record high. However, that doesn’t mean stocks are in the clear as the trade conflict with China continues.  Read entire commentary here:https://rc.lpl.com/content/dam/rc/documents-new/Research/Publications/WMC/2019/Weekly_Market_Commentary_06102019.pdf

Bond Markets’ Signal to Stocks – Weekly Market Commentary 6/3/19

Should stock investors be concerned about the signals coming from the bond market? Trade tensions were the biggest reason stocks suffered their first down month of 2019 in May, but worrisome signals from the bond market contributed. This week we look at what the bond market signals mean for the stock market and examine the disconnect between the bond market and economic and stock market fundamentals.  Read entire commentary here:https://rc.lpl.com/content/dam/rc/documents-new/Research/Publications/WMC/2019/Weekly_Market_Commentary_06032019.pdf