Growth Has Been on a Roll – What Lies Ahead?

September 19, 2017 | posted in: Financial Insights, LPL Weekly Market Commentary | by

According to LPL Research, “Growth has been on a roll. Based on the Russell 3000 style indexes, growth’s 18% year-to-date gain is 14% ahead of value’s 4% advance. Looking further back, this growth outperformance is nothing new. Over the past 10 years, including the entire financial crisis period of 2008 and 2009, growth has outpaced value by about 50%, representing the longest period of growth outperformance since style indexes began to gain a following about 40 years ago. Using Fama-French* data back to the 1930s, before the Russell indexes were created, this is the longest bull market ever for growth stocks. Due to this observation setting off contrarian alarm bells in our heads, this week we discuss the potential for a value rebound.” Key takeaways: Growth stock valuations appear rich; its run may be poised to pause or reverse. Economic growth is improving, which tends to favor value. Technical analysis suggests that the growth rally may be overextended. Read more from LPL Financial’s Burt White, Chief Investment Officer, and Jeffrey Buchbinder, CFA Market Strategist.

Bruised and Battered, but Not Broken!

September 15, 2017 | posted in: Blog, Frye Happenings | by

Dear clients and colleagues, Hurricane Irma has been deadly for some, simply devastating for others, and somewhat to quite disruptive for the majority of Floridians. Fortunately for my own office, we fall in the somewhat disruptive category.  As I write this, Minerva is on the road returning from Tennessee; Alex is marooned in Cartagena, Colombia, waiting for the next available flight; Sarah just got in from NYC; and Tanya has just returned from Athens, GA. I chose to ride out the storm in my home in North Dade, and experienced many “interesting” and memorable moments.  I am writing this piece to not only share them with you, but also to preserve my memories of the Hurricane Irma adventure that otherwise would be sure to fade with time. So here, in no particular order, are some of my experiences, thoughts and observations. I’m sure many of you out there have had similar and/or you own interesting experiences to write about. I’d love to hear about yours.   Read More  »

Post-Irma Special Edition: We’re Back!

September 15, 2017 | posted in: Blog, Frye Happenings | by

Bruised and Battered, but Not Broken!
Dear clients and colleagues, Hurricane Irma has been deadly for some, simply devastating for others, and somewhat to quite disruptive for the majority of Floridians. Fortunately for my own office, we fall in the somewhat disruptive category. As I write this, Minerva is on the road returning from Tennessee; Alex is marooned in Cartagena, Colombia, waiting for the next available flight; Sarah just got in from NYC; and Tanya has just returned from Athens, GA.   Read More  »

Sun Signs – Looking Good!

As Burt White, Chief Investment Officer, Managing Director of Research, LPL Financial says, “Markets seem to welcome when a solar eclipse comes around.”  Check out why here!

Bottom Line: Impressive Earnings Season!

Corporate America delivered another outstanding earnings season
with double-digit earnings growth, solid upside to forecasts, and generally upbeat outlooks from corporate management teams. LPL has been particularly impressed with the breadth of earnings gains and upside to revenue forecasts. Strong earnings continue to provide support for the stock market at elevated valuations, with the potential for more support from a reduced corporate tax rate next spring. Read the overview of the nearly completed second quarter 2017 earnings season from LPL Financial’s Burt White, Chief Investment Officer, and Jeffrey Buchbinder, CFA Market Strategist.

What, me work? I just retired!

August 8, 2017 | posted in: Blog, Financial Insights | by

Working part time in retirement offers more than just extra income.
Opportunities for socializing, and exercise are among seven reasons why you might want to keep on working! Read more from U.S. News & World Report‘s Emily Brandon here.