By: Quincy Krosby, PhD, Chief Global Strategist, LPL Financial & Jeffrey Buchbinder, CFA, Chief Equity Strategist, LPL Financial

A lot has changed in the past few weeks, both in terms of expectations for interest rates and lost confidence in the health of the banking system as a result of the sharp rise in interest rates that has led to some things “breaking,” as we wrote about here last week. Here we share some thoughts on who’s to blame for the ongoing banking crisis and reiterate how we are telling investors to adjust, or not adjust, their asset allocations in light of ongoing market volatility.

Read the full commentary here: weekly-market-commentary-03.27.2023