6 ways to fraud-proof your retirement savings

July 3, 2017 | posted in: Blog, Financial Insights | by

You’ve worked hard for your retirement savings – don’t be defrauded out of them!
According to Steve Vernon, “Fraudsters target people of all ages, but older adults with retirement savings are particularly lucrative targets. And the consequences of fraud and exploitation can have a devastating impact on older adults who depend on their retirement savings after they leave the workforce.”  Read more about the issue, and the solutions, to safeguard your savings.

A Technical Check-In: The Global Bull Market Looks Strong

From LPL Research this week, we learn that “The global equity bull market is alive and well, with very broad participation. Longer-term technicals continue to look very healthy and strong, even as the bull market and economic recovery in the U.S. turns eight years old. A closer look at key indexes suggests the path of least resistance remains higher for stocks, although it likely won’t be an easy ride, as volatility could creep higher during the second half of 2017.” Key takeaways include that longer-term technical indicators on equities continue to look strong; and global equity strength is yet another clue that the current bull market is still alive and well. Click here to read the full analysis from Burt White, Chief Investment Officer; Ryan Detrick, CMT Senior Market Strategist; and Dave Tonaszuck, CMT Technical Strategist, all from LPL Financial.

Business Fundamentals Back at the Controls

In this week’s Weekly Market Commentary, LPL Financial shares its Mid-Year Outlook for 2017. Key takeaways include: LPL Research forecasts 6–9% returns for the S&P 500 in 2017, commensurate with expected earnings gains. As investors increasingly trust that the economycan stand on its own without the need of monetary policy support, business fundamentals should take over as the primary market engine. The economic expansion is poised to continue, and powered by business fundamentals, this eight-year-old bull market will probably continue as well. Stocks are in a good position to stand on their own as monetary policy support is removed and deliver modest additional gains in the second half of 2017. Read the complete report from LPL Finanical’s Burt White, Chief Investment Officer, and Jeffrey Buchbinder, CFA Market Strategist.  

LPL Research’s Mid-YearOutlook 2017: A Shift in Market Control

June 15, 2017 | posted in: Blog, Financial Insights | by

Hot off the press this morning, and a must-read!
The report recaps where we’ve been so far this year, and looks at what forces are driving the market as we head into the second half of the year. For a look at what forces are driving current markets, click here to check out LPL Financial’s Mid-Year Outlook: 2017 – A Shift In Market Control. Key takeaways from the report include:   Read More  »

Fed’s Beige Book Suggests Continued Modest Economic Growth

The latest edition of the Federal Reserve’s (Fed) Beige Book, released 5/31/17, continued to deliver a positive view of the U.S. economy.
The Beige Book is a qualitative assessment of the domestic economy and each of the 12 Fed districts individually, prepared eight times per year, ahead of each of the eight Federal Open Market Committee (FOMC) meetings. LPL believes itis best interpreted by measuring how the key words change over time. The qualitative inputs for the May 2017 Beige Book were collected in April 2017 through May 22, 2017. Based on LPL’s analysis, the Beige Book continues to deliver a positive view of the U.S. economy.  LPL’s Beige Book Barometer (strong words minus weak words) fell slightly to +75 in April, indicating continued steady economic growth.  However, words related to wage pressure have risen slightly over the last six months, indicating a modest but still very manageable impact. Click to read LPL Research’s full report by LPL Financial’s Matthew E. Peterson, Chief Wealth Strategist, and Barry Gilbert, PhD, CFA Senior Economic Analyst.

Earnings Season for 1Q2017 is Almost Over – How’d We Do?

May 24, 2017 | posted in: Blog, Financial Insights | by

Now that we’re nearing the end of the 1Q2017 earnings season, we can assess how it did.
According to LPL Financial’s latest Dashboard, 1Q2017 came in at +15% year over year, 5% better than was expected. Click through to learn more about what else Q1 brought us.