November 2023 Client Letter

November 1, 2023 Dear Valued Investor, The penultimate month of the year is often a time to reflect and offer thanks. And while economic and geopolitical uncertainty can overshadow the positives, there are things to be thankful for. Here is just some of what we’re thankful for, now that we’re in the second to last […]

October 2023 Client Letter

October 4, 2023 Dear Valued Investor, The S&P 500 lost 3.3% in the third quarter after sliding nearly 5% in September. Putting this into perspective, nothing really qualifies as out of the ordinary. Since 1950, the S&P 500 has historically declined in September 55% of the time, posting an average decline of 3.8%. September has […]

September 2023 Client Letter

September 6, 2023 Dear Valued Investor, Financial markets lived up to their reputation during the month of August, which has a record for being difficult. On the first day of August, markets had to contend with a downgrade of U.S. long-term debt by the rating agency, Fitch. They attributed the adjustment to the “expected fiscal […]

August 2023 Client Letter

August 2, 2023 Dear Valued Investor, Making economic forecasts and stock market predictions can be humbling. It’s especially tough when you expect stocks to go higher and get a big drop instead. The environment today is the opposite, but still tricky, as recession hasn’t followed the chorus of predictions. In some ways, figuring out what […]

2023 Midyear Outlook Client Letter

July 11, 2023 Dear Valued Investor, Now that we’re beyond the midpoint of the investing year, it’s a great time to look at where we’ve been—to help position your portfolio for the latter half of the year. Our Midyear Outlook: The Path Toward Stability does this with in-depth analyses, insights and perspectives from the LPL […]

2023 Midyear Outlook

Read the full report here. Here are the highlights from this edition of Midyear Outlook 2023: Even amid a strong labor market, small businesses plan to slow expansion plans as the Federal Reserve (Fed) maintains steadfast on price pressures.  This could, in turn, cause the economy to soften. We expect inflation to ease as supply […]