The recently released LPL Research Midyear Outlook 2018: The Plot Thickens is filled with investment insights and market guidance to take us through the rest of the year.
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CERTIFIED FINANCIAL PLANNER™ with over 25 years of experience Proposes Six Steps for a Richer, Happier Marriage
LPL is offering up some thoughts for the New Year
Markets are off to a much better start in early 2017 than in 2016.
Heading into the New Year, we are mindful of market milestones that have come together to influence the investment landscape: a new president and administration, the stabilization of oil prices, and the end of an earnings recession. Being prepared for 2017 is about gauging these and other milestones, understanding their significance, and responding without overreacting.
The Federal Reserve’s policy-making arm, the Federal Open Market Committee (FOMC), raised its target for the federal funds rate by 0.25% last Wednesday as expected at the conclusion of its two-day meeting.
For half the nation’s voters, today brings victory and for the other half, shock. With that said the question on many people’s minds is “what does this mean for my plan and the markets?”
Here is how the S&P 500 has done under various presidents going back to President Eisenhower.