LPL Financial Research Publications
Inflation’s Importance to Financial Markets Cannot Be Overstated
Inflation’s effects on the economy, policy, and the financial markets are wide-ranging. LPL Financial explores the ways inflation can impact the market.
Global Portfolio Strategy | Staying the Course as S&P 500 Threatens New Highs | June 2025
U.S. stocks settled sharply higher last month with the S&P 500 and Nasdaq delivering their best month since November 2023.
Weekly Market Commentary | Q1 Buybacks Boost Stocks Amid Market Recovery | June 9, 2025
Corporate buybacks surged in Q1, supporting the market’s rebound. LPL Financial explores which sectors are buying and how it could shape future returns.
June 2025 Client Letter | Volatility Likely to Bring Opportunities As Trade Uncertainty Continues
LPL Research discusses potential implications of latest tariff news, solid first quarter earnings results, and bond market headwinds.
Weekly Market Commentary | Tariffs and Market Volatility Likely to Stick
LPL Research discusses recent tariff news, what direction the Trump administration might go in next, and potential market implications.
Weekly Market Commentary | Can Earnings Catch Up to This Stock Market Rally?
LPL Research discusses first quarter's solid reporting season and why it might not offer much of a confidence boost for the rest of 2025's market outlook.
Weekly Market Commentary | Market Update: Tariff Pause Boosts Sentiment, Fed Steady
LPL Research explores the temporary pause on tariffs with China, the impact on investor sentiment, and the ongoing strength of the U.S. dollar.
Weekly Market Commentary | Bulls Are on Trial
LPL Research discusses trade talks and their market outlook, noting progress but ongoing uncertainty due to tariff risks and economic conditions.
LPL Research| May 2025 Global Portfolio Strategy | Adding Global Diversification on Growing Trade Optimism
Major averages ended a volatile April mostly lower after paring back a deep correction in the wake of the April 2 reciprocal tariff announcement.
Market Resilience Amid Uncertainty
LPL highlights the stock market’s resilience, emphasizing downturns often create opportunities for disciplined, long-term investors.
Finding Value Among the Muni Market Malaise
LPL Research highlights the volatile month for the municipal bond market, the impact of supply outpacing demand, strong credit fundamentals, and more.
Weekly Market Commentary | Softer Tone on China Is Encouraging, but Some Caution Still Advised
LPL Research discusses recent market advancements and what they might mean for investing.
Revising Our S&P 500 Target Amid a Storm of Uncertainty
LPL Research discusses another volatile week for markets, introduces a revised S&P 500 target, and assesses the likelihood of the lows recently being reached.
Decent Chance Stock Market Bottom Is in but Far From Certain
LPL Research provides perspective on recent volatility and the risk-reward trade-off for stocks following last week’s rebound.
Global Portfolio Strategy | Market Sell-Off Intensifies on Adverse Tariff News | April 11, 2025
U.S. equity markets extended declines in March, with the S&P 500 suffering its biggest monthly decline since December of 2022.
A Gut Check Moment for Markets – and Investors
LPL Research discusses what they're focused on amidst recent market volatility.
Tariff Turmoil: Where Do We Go from Here?
LPL Research provides key takeaways from recent tariff news, including some potential silver linings.
Trade Tensions Intensify
LPL Research provides insights on recent trade tensions and encourages investors to focus on the long term.
Tariffs Bring April Showers For Markets | Client Letter | April 2, 2025
LPL Research discusses tariffs' economic impact, noting economic uncertainty and potential slowdown.
Tariff Uncertainty Facing Stocks to Start Clearing Soon | March 31, 2025
LPL Research discusses how markets continue to struggle with trade uncertainty ahead of this week's big tariff announcements.
Powell Walked a Tightrope | Weekly Market Commentary | March 24, 2025
LPL Research discusses the Fed's approach to economic uncertainties, inflation, and adjustments to balance sheet runoff.
Market Correction Perspective
LPL Research explores the market correction, what signals imply selling may be over, and why solid fundamentals should provide a backstop from a bear market.
Navigating Market Volatility
LPL Research discusses strategies for weathering market volatility.
Outlook 2025 | Pragmatic Optimism
Outlook 2025 provides in-depth analyses and insights from LPL Research’s leadership team to help you prepare for the upcoming year.
New Year, Same Bull Market?
LPL Research discusses why they believe investors should give the bull market the benefit of the doubt.
Q4 Earnings Preview: Mix of Solid Growth and Policy Uncertainty
LPL Research previews Q4 2024 earnings season, and thanks to the banks, it's off to a good start.
Navigating Strategic and Tactical Investment Horizons: The Differences
LPL Research discusses the distinct nature of investment horizons and examines when and why strategic and tactical perspectives may diverge.
Is the Bond Market Worried About Inflation?
LPL Research discusses the possibility of inflationary pressures reigniting under the new Trump presidency.
AI Advances and Tariff Tactics
LPL Research discusses America's lead in the AI race and the potential economic impact of President Trump's impending tariffs.
Mixed Market Messages
LPL Research downgrades the U.S. dollar from positive to neutral as sentiment was weighed down from multiple angles and tariff and trade uncertainty lingered.
Evaluating Stock and Bond Market Predictions From 2024
The LPL Research team evaluates the accuracy of their stock and bond market forecasts from 2024.
Another Strong Year for Stocks
LPL Research discusses what investors can take away from the stock market’s surprising ascent in 2024.
A Golden Age for Income Investors
Will 2025 be the year for fixed income? LPL Research examines what could be in store for fixed income markets in the year ahead.
The Fed Resets Expectations for Next Year
LPL Research shares some important factors that could determine the economic path for 2025.
Keys to Stock Market Gains in 2025
LPL Research shares some important factors that could determine the economic path for 2025.
Ingredients in Place for Another Good Year for Stocks in 2025
Stocks ended mostly lower in December as historically strong seasonality failed to materialize
Key Pillars of the Bull and Bear Cases in 2025 | Weekly Market Commentary | February 10, 2025
LPL Research discusses the case for bull and bear markets in 2025.
Refinancing ZIRP | Weekly Market Commentary | February 24, 2025
LPL Research discusses the U.S. federal debt, yields, and Treasury Bills as the U.S. Treasury market enters a transition period in 2025.
Tariffs Ignite a Metals Melt-Up | Weekly Market Commentary | February 18, 2025
LPL Research explores the latest round of tariff news and why the metals market is heating up.
Global Portfolio Strategy | As Goes January, So Goes the Year? | February 10, 2025
The LPL Strategic and Tactical Asset Allocation Committee upgraded large growth and consumer discretionary, while downgrading small value and materials.
Tariff Transition
LPL Research discusses the U.S. economy's expected 2% growth, robust corporate earnings, and the impact of tariffs and AI on the market.
Earnings Season Recap: Strong Growth, Big Upside, Now What?
LPL Research provides a recap of fourth quarter earnings season and examines the feasibility of double-digit earnings growth in 2025.
