See LPL Research’s latest monthly market outlook in the July 2021 Global Portfolio Strategy.
Global Portfolio Strategy
We expect stocks to continue to grow into their valuations on the back of tremendous earnings momentum as the economy fully reopens, vaccine distribution…
First quarter earnings season was truly remarkable and we lifted our earnings forecasts and our year-end S&P 500 Index fair value target rang.
We favor stocks over bonds based on expectations for economic growth, a strong rebound in corporate profits, and increased COVID-19 vaccine distribution.
We have raised our year-end S&P 500 Index fair value target range to 4,050–4,100 from 3,850–3,900 due to our increasingly optimistic expectations for US economic growth and corporate profits. Prospects for additional fiscal stimulus, recent progress in reducing...
We favor stocks over bonds based on expectations for a strong economic and earnings recovery in 2021.
Stocks rose sharply in November after falling the prior two months, as the S&P 500 Index returned nearly 11%.
Stocks fell for the second straight month in October as Election Day approached and brought policy uncertainty that historically has driven volatility.
A global review of September performance and a look forward, with a focus on potential impacts from the election and another stimulus package.
Stocks continued their positive momentum with strong gains in August before volatility returned in early September.