Playbook for a Fed Pivot: Exploring Market Performance
Recent inflation data has tempered expectations for future Federal Reserve tightening, including a potential peak in the terminal rate in the first half of 2023.
Investor Pessimism Still Running High
Recent data show the percentage of individual investors who are bullish about short-term market expectations at very depressed levels.
Midyear Outlook 2022: Navigating Turbulence
We may not be flying into a storm, but there’s been plenty of turbulence this year. How businesses, households, and central banks steer through the rough air will set the tone for markets over the second half of 2022.
Relief at the Pump and for Portfolios?
We see some early signs that energy trends could be changing, which would not only have positive implications for consumers’ wallets, but also potentially investors’ investment portfolios.
Is the 60/40 Portfolio Dead?
This year has been tough for investors, not just because stocks have fallen but also because bonds have not helped mitigate those losses as they have historically done. What does this mean for the 60/40 portfolio?
Are Bonds Acting Like Bonds Again?
One of the value propositions of owning core bonds is that they tend to act as a diversifier during equity market drawdowns. However, that has certainly not been the case so far this year.
Five Things You Should Know About the Traditional 60/40 Portfolio
It’s been a tough year for many investors and we don’t think we’re in a position yet to call a tactical bottom for either stocks or bonds. But looking out strategically, based on better valuations and still solid fundamentals, we think the long-term outlook has brightened quite a bit.
Federal Reserve Meeting Recap: An Historic Rate Hike
The Federal Reserve ended its two-day Federal Open Market Committee meeting yesterday with a 50 basis point (0.50%) hike in short-term interest rates — broadly in line with market expectations.
Finally Some Income for Your Fixed Income
The unrelenting move higher in U.S. Treasury yields continued last week making it the 15th week (out of the past 16 weeks) that the yield on the 10-year U.S. Treasury security ended the week higher.
Headwinds to Global Growth: An Economy of Two Halves
The team at LPL Research reduced U.S. and global GDP forecasts due to Russian commodity disruptions, elevated inflation dynamics, and higher borrowing costs. Still, we expect the U.S. economy to grow 2.7-3.2% in 2022, supported by business investment and consumer services spending in the latter half of this year.