by lpladvisorsadmin | Oct 18, 2022 | Research, Weekly Market Commentary
Expectations are very low for this earnings season. The challenges are many, with intense cost pressures and slowing economic growth at the top of the list. The chorus of analysts and strategists calling for big cuts to estimates has gotten louder. Expect estimates to...
by lpladvisorsadmin | Oct 10, 2022 | Research, Weekly Market Commentary
As Federal Reserve (Fed) officials continue to emphasize the Fed’s commitment towards restoring price stability, the dollar marches ever higher. Markets are currently pricing in another 75-basis point rate hike at the November 2 Fed meeting as calls for the Fed to...
by lpladvisorsadmin | Oct 7, 2022 | Global Portfolio Strategy, Research
Key changes from September report: Downgrading financials view to negative from neutral. Upgraded our view of duration to neutral Lowered S&P 500 Year-End Fair Value Target to 4,000-4,100 from 4,300-4,400. Investor sentiment was hit from multiple directions in...
by lpladvisorsadmin | Oct 4, 2022 | Research, Weekly Market Commentary
On October 16, China will begin its 20th National Congress of the Chinese Communist Party in Beijing. This plenum is especially significant because it is expected that President Xi Jinping will be granted an unprecedented third term, something that he set in motion in...
by lpladvisorsadmin | Oct 3, 2022 | Client Letter, Research
Dear Valued Investor, In the last several weeks, we have continued to face elevated uncertainty in financial markets due to high inflation and rising interest rates, and we thought it was an important time to take stock with the final quarter of 2022 just ahead. It...
