Solid 4Q Earnings Tee Up Expectations for Even Better Days Ahead
Projections are for corporate profits to really burgeon in 2024, despite some downbeat economic outlooks.
Projections are for corporate profits to really burgeon in 2024, despite some downbeat economic outlooks.
Odds are that improved economic news will slow rate declines, but that may not be much of a tonic for stocks, says LPL.
Only to a minor degree, says LPL Financial—goods prices already are low, so there’s a cushion.
The central bank wants the price index growth to ratchet down to 2%.
Market-wide forces are impacting the high-flying shares, which have led the S&P 500 all year.
Risk grows as a raft of junk-rated issuers, paying modest interest, must refinance their debt at much higher rates.
When double-digit market growth precedes the 9th month, good things tend to follow for investors, according to LPL and BofA.
The firm advises lowering exposure to stocks in preparation for a recession finally rolling in.
It “makes no sense” for things to just dither along with no changes, insist Jeffrey Roach and other Wall Streeters.
In midterm election years, it’s the worst, and in other times it’s no prize either, says LPL’s Detrick.
Probably not, says LPL’s Detrick, as he trots out some historical precedents.