Since we began highlighting the return of fiscal leadership as a primary driver for economic and market activity nearly two years ago, we’ve seen the return to central bank dominance, particularly by the U.S. Federal Reserve. This has significa

September is historically known as one of the worst for stocks, yet in 2019 the S&P 500 Index is up 2.7% so far amid a sea of scary headlines. Incredibly, the S&P 500 has wavered less than 0.1% from its previous close 6 of the past 10 trading

There’s a growing pile of negative-yielding debt around the world amid extraordinary monetary policy initiatives. While maintaining respect for global money flows, we believe the combination of economic fundamentals, domestic monetary policy, a

On this 18th anniversary of 9/11, our thoughts go out to everyone impacted on that fateful day.

“The higher the base, the higher in space,” is an old technical analysis saying.

Gold is up 18% year-to-date (as of 9

Takeaways From Second Quarter Earnings Season

We would say the most important takeaway from the now-completed second quarter earnings season is that earnings are still growing and an earnings recession appears to be off the table for now. While

We remain fans of diversification, including geographic diversification for suitable equity portfolios. Sticking with that approach has been trying in recent years, however.

As shown in the LPL Chart of the Day, Struggles for Internation

U.S. manufacturing contracted in August for the first time since January 2016 as trade uncertainty continued to weigh on the sector.

The Institute for Supply Management’s (ISM) manufacturing Purchasing Managers’ Index (PMI),

First and foremost, our thoughts are with all of those that were impacted by Hurricane Dorian over the Labor Day holiday and all those that are still in its path.

Many have asked us what stocks tend to do after a major hurricane hits the

We recently reduced our year-end forecast range for the 10-year U.S. Treasury yield from 2.5–2.75% to 1.75–2%. This significant reduction reflects what we consider the many somewhat curious aspects of the domestic and global macroeconomic

August has a reputation as a volatile month, and it sure delivered this year. After nearly two months without a 1% close higher or lower for the S&P 500 Index, market turbulence re-surfaced in August.  Over the past month, we’ve not on