LPL Financial - Research

#LPLResearch shares perspective on the latest bond market selloff, highlights things that may be different with Trump’s trade policy this time around, and more. Lawrence Gillum, CFA and Jeff Buchbinder discuss a jittery bond market and potential inflation impact on tariffs in this week’s #LPLMarketSignals podcast: https://bit.ly/4i2GbEn

In honor of earnings reporting season, #LPLResearch dedicates this article to the chipmaking giant, Nvidia. See how stats like one of the largest companies on the S&P 500 and commander of a 6.9% weight on the Bloomberg 500 Index factor into Nvidia’s supersized importance: https://bit.ly/3Oghqan

#LPLResearch dives into the latest fund flows data to find out which investment vehicles cash is moving in and out of. Adam Turnquist, CMT uncovers investor sentiment, sector preferences, and more: https://bit.ly/3Zh8IPe

Investors fear that inflation could resurge as a by-product of President-Elect Trump’s potential trade policy. Tariffs tend to bring about higher prices and who will bear the brunt of that — end consumers, domestic importers, or foreign producers? Given today’s economic landscape, #LPLResearch believes foreign firms will likely bear more of the cost. See why in the #WeeklyMarketCommentary article, Trade, Tariffs, and Inflation: https://bit.ly/4fPSr9i

In this article, #LPLResarch lends perspective to the impact of tariffs on the economy, the global front, markets, and more. Jeffrey Roach, PhD weighs in using lessons learned from the 2018 tariffs as a jumping point: https://bit.ly/3AysfkT

The landscape for alternative investments may be poised for meaningful changes, now that the election has been decided. #LPLResearch’s Jina Yoon discusses which alternative investments may be impacted, while remembering that future policy shifts are far from certain → https://bit.ly/3YHzChM

Tune into this week’s #LPLMarketSignals as #LPLResearch’s Chief Economist shares his perspective on common questions being asked after the election. Jeffrey Roach, PhD joins Jeff Buchbinder to discuss potential policy differences in Trump’s second administration, China, tariffs, and more. Link in our comments. ??

Post election, the market rallied in a big way. Some of that rally can be attributed to the elimination of market uncertainty now that the election has been decided. But for the longer term, what does it mean for inflation, the stock and bond market and more? #LPLResearch discusses in the #WeeklyMarketCommentary article, Election Day Takeaways. Link in our comments. ??

How have markets responded immediately after the election? #LPLResearch’s short answer is that markets love clarity and we’re seeing the effects of that. Keep in mind, a few days should not be taken as a precursor to the future. Jeff Buchbinder provides five top takeaways on markets based on November 7’s activity → https://bit.ly/3UHkWhv

Bottom Line: The Fed might pause in December. But for now, investors got another cut. Investors are searching for equilibrium after reeling from such large moves in rates over the course of the last two months. Predictably, investors had developed unreasonable expectations about the magnitude of rate cuts over the next few quarters and now with a focus on deficits, markets must reorient to reality. Further, resetting expectations is not just for here at home. Global investors are also resetting expectations about growth and inflation in the Euro area and Asia as a strong dollar impacts trade flows. Key Highlights from Today’s FOMC Meeting (Nov. 7): *As widely expected and well-choreographed, the Federal Open Market Committee unanimously cut the target range for the federal funds rate by 25 basis points (0.25 percentage point). *The risks to inflation and employment are roughly in balance. The economic outlook still remains uncertain so the Fed is attentive to both parts of their dual mandate. *Market reaction was fairly muted immediately following the release. The Fed will update their forecasts on December 18, and the focus will be on 2025, a year where inflation should ease but could remain above the Fed’s target of 2%. We should expect some choppiness heading into the new year as investors reset capital market assumptions. LPL Financial LPL Financial - Research