By: Dr. Quincy Krosby, PhD, Chief Global Strategist, Jeffrey Buchbinder, CFA, Chief Equity Strategist, & Joshua Cline, Associate Analyst

After the sharp August 5 decline, equities are nearing an attractive entry point. LPL’s Strategic and Tactical Asset Allocation Committee (STAAC) maintains its tactical neutral stance on equities, while actively monitoring signs of bottoming. LPL Research continues to preach patience before buying this dip. Bottoming is a process.

Read the full commentary here: thoughts-global-selloff-wmc-08.05.2024