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.
We currently expect the U.S. economy to grow 3.7% in 2022. That is down from the previous 4-4.5% range we predicted but still above trend.
In our special Winter Olympics edition of the Weekly Market Commentary, we hand out medals to the U.S., developed international, and emerging markets. Who do we think will get the gold this year?
As we head into the New Year, we’re taking a look back at 2021 and drawing out three lessons that we think will matter for 2022.
Fiscal and monetary policy played big roles in the economic recovery in 2021, but we see 2022 playing out as a handoff—from stimulus bridging a pandemic recovery to an economy growing firmly on its own.
Consensus estimates change over time. Seeing how they have been changing can also offer some depth on what’s going on behind the scenes. Today we take a look at five things we can learn from changing U.S. growth expectations.
The term stagflation has been circulating increasingly in the financial media. This week we share a current outlook on stagflation, the misery index, and inflation.
We share some insight into what may be on the horizon for markets, policy, and the economy as we head into August 2021.
After a 2020 we will never forget, we look ahead to the second half of 2021, and even into 2022, with optimism for the future.
We explain why inflation is making headlines and why investors should not be overly concerned.
