blog
November 15, 2021
A Peek at Peak Inflation: Five Signals to Watch For

November 15th, 2021: After an upside inflation surprise in October, it’s clear that peak inflation may still be ahead, possibly even pushing into 2022. While the Federal Reserve (Fed) maintains its position that elevated inflation will be transitory, we have yet to see pro...

November 9, 2021
Developed International: If Not Now, When?

November 8th, 2021: Since we began our investing careers, we’ve had the concept of diversification drilled into our heads. Some refer to it as the only free lunch in investing. Well, when it comes to geography, that advice hasn’t been helpful for some time (you could say...

November 2, 2021
Five Things That Might Spook Markets

November 1st, 2021: With Halloween over the weekend, what better to write about this week than what scares us? If our positive near-term market outlook proves to be overly optimistic, we believe one—or perhaps more than one—of these five things will likely be the culprit...

October 19, 2021
Q3 Earnings Preview: Less Upside

October 18th, 2021: We have used most of the superlatives we know to describe corporate America’s stunning performances over the past two earnings seasons. Despite lofty expections, results exceeded estimates by the biggest margins we’ve ever seen (and one of the authors...

October 12, 2021
Answering the Top Debt Ceiling Questions

October 11th, 2021: Last week, Congress was able to push back a fast-approaching deadline for raising the debt ceiling to December. Markets applauded the move with a relief rally. Despite decreased uncertainty in the near term, we may be confronted with the same problem agai...

October 4, 2021
Early Thoughts on 2022

October 4th, 2021: With the fourth quarter underway—historically the best quarter for stocks, by the way—2022 is fast approaching. While a lot can still happen between now and the end of 2021, we don’t think it’s too early to start thinking about what stocks might do...

September 21, 2021
Revisiting Our 10-Year Treasury Yield Forecast

September 21st, 2021: Until recently, we expected the 10-year Treasury yield to end the year between 1.75% and 2.0%. Now, however, there are two key elements suggesting we are unlikely to see significantly higher interest rates by year end: The Delta variant’s impact on ec...

August 23, 2021
Why Stagflation Isn’t in the Cards

August 23rd, 2021: The term stagflation has been circulating increasingly in the financial media as inflation readings have risen sharply in recent months. The term is often associated with the 1970s, which saw runaway inflation—largely driven by sky-high energy prices—a...

August 16, 2021
Corporate America Does It Again

August 16th, 2021: Corporate America did it again. Companies blew by estimates and made strategists and analysts look silly (though we humbly suggest that we may have looked less silly than most in our earnings preview on July 12). S&P 500 earnings growth did not surprise b...

August 9, 2021
Covid Update: Delta Variant Market Impact

August 9th, 2021: The highly transmissible Delta variant of COVID-19 now makes up an overwhelming majority of the new cases in the U.S., bringing with it a rise in cases and hospitalizations. Widespread vaccine distribution and distancing measures have helped limit the varia...

August 2, 2021
Five Things to Know Heading Into August

August 2nd, 2021: Last week was a huge news week, from the Fed, to gross domestic product (GDP), to a giant week of earnings reports. Below we review the big events from last week, while also looking ahead to what could be an eventful August for investors....

July 26, 2021
Six Surprises So Far in 2021

July 26th, 2021: 2021 has been a very strong year for both stocks and the economy, but that doesn’t mean there haven’t been some surprises. Below we take a look at some things that have happened so far in 2021 that have surprised the LPL Research team....