“The NCAA College Basketball Final Four is set. Gonzaga, North Carolina, Oregon, and South Carolina are headed to Phoenix, Arizona to determine this year’s college basketball national champion. In that spirit, following our “Sweet 16” commentary last week, this week we share our “Final Four Factors” for the stock market in 2017: 1) economic growth, 2) earnings, 3) corporate tax reform, and 4) the Federal Reserve (Fed). We expect a hard-fought battle between these factors and market risks,
The bull market celebrated its eighth birthday last week on Thursday, March 9, 2017. During that eight-year period, the S&P 500 Index tripled in value including dividends. Although valuations are rich and policy risks are high,. We would not be surprised if the bull celebrates its ninth birthday one year from now. Read LPL Research’s take by Burt White, Chief Investment Officer and Jeffrey Buchbinder, CFA Market Strategist, of LPL Financial.
Who doesn’t love Paris in the springtime? The fundamental case for European equities continues to strengthen, with both earnings and valuations improving. The technical perspective on Europe is mixed, with the region doing well on an absolute basis, but still unable to outperform U.S. stocks on a consistent basis. Political concerns, which often get expressed through currency markets, are likely to determine whether European equities begin to outperform their domestic peers. There a lot to like about the coming European spring from both a fundamental and valuation perspective.
The numbers are in! Fourth quarter earnings growth, while not a blowout, continued to be solid, putting the earnings recession further in the rear view mirror. Read on for 5 key observations and complete details from Burt White Chief Investment Officer, LPL Financial and Jeffrey Buchbinder, CFA Market Strategist, LPL Financial,.
Miniskirts and the markets Truth be told, I am not really very excited about watching the Super Bowl game between the Falcons and the Patriots. My guess is that many of you out there feel the same way, that is, unless you grew up in Boston or Atlanta. And it’s not because I’m not a football fan, as I do appreciate the sport. It’s just that the match-up of the titans of the Northeast against the upstarts from the deep South doesn’t exactly get me fired up.