U.S. economic growth poised to rebound from a slow first quarter, but trade tensions present risk to business confidence. The final revision to first quarter data showed that real gross domestic product (GDP) grew 2.0%, below consensus estimates and slower than the...
KEY TAKEAWAYS In testimony to Congress, Fed Chair Powell largely stuck to the script, saying little to alter the Fed’s perceived course. Powell said the economy is strong and that gradual rate hikes remain the likely path forward, but also noted that the Fed was...
KEY TAKEAWAYS Rates may be poised to rise further in the second half of 2018, though likely at a slower pace than the first half of the year. Investors may benefit from a more active approach to fixed income going forward. We maintain our year-end forecast of...
The LPL Research Midyear Outlook 2018: The Plot Thickens presents guidance on how the return of the business cycle may unfold during the remainder of 2018 and beyond, along with the investment insights to help investors navigate the twists and turns. When we as...
