Midyear Outlook 2019: What Really Matters in the Markets
At the halfway point of 2019, the U.S. economy has held steady, supported by the fiscal stimulus we have highlighted for two years, and corporate profits continue to grow. At the same time, trade tensions are increasingly weighing on the economic outlook, while slowing global growth and political uncertainty have forced global central bankers to extend extraordinary levels of support.
We are still navigating a challenging environment. Investing comes with uncertainty, and market volatility can be alarming, but we continue to encourage investors to look beyond short-term market stresses and consider the real drivers of investment returns, as we believe that mindset may be a key to achieving long-term financial goals.
Our Midyear Outlook 2019 provides our updated views of current fundamentals and the things that should persist as shorter-term concerns fade, and emphasizes our four primary pillars for fundamental investing—policy, the economy, fixed income, and equities. As the headlines change daily, look to these pillars and LPL Research’s Midyear Outlook 2019 to help provide perspective on what really matters in the markets.
One of the most difficult questions for investors to answer right now is how can the US economy be struggling so much while the stock market keeps churning higher?
The S&P 500 Index has moved into positive territory and some data appears good, while other data remains troubling.
Stocks may be ready for a break, but it’s still possible gold and stocks could trend higher together.
Stock market weakness late last week caused investors to ask whether the long-awaited market pullback may be at hand.
It was the best quarter in more than 20 years for stocks as the economy reopens…