Research
Research
Midyear Outlook 2025: Pragmatic Optimism, Measured Expectations
We started 2025 on a high note, although we acknowledged that “no market environment is ever permanent, and that change is always potentially around the corner.” Well change did come, and with it, volatility, perhaps in part because we assumed President Trump’s policies would simply mirror those of his prior term. The impact of policy direction has been central to market direction this year. Uncertainty around trade policy dominated the stock market’s path in the first half of the year
Weekly Market Commentary
- Weekly Market Commentary | Happy Anniversary Bull Market | October 13, 2025
This bull market enters year four with strong gains, driven by tech and AI. History suggests more […]
- Market Insight Quarterly | Q3 2025
This quarterly publication helps provide clarity and context to the issues affecting the economy, […]
- Global Portfolio Strategy | Solid September, But Shutdown Clouds Start of October | October 7, 2025
Despite historical weakness in September, the S&P 500 was tracking above bullish targets, […]
- Weekly Market Commentary | Q3 Earnings Season Preview: Little Suspense | October 6, 2025
LPL Research provides a Q3 earnings preview highlighting strong AI-driven growth, resilient margins […]
- Client Letter | Stock Market Fundamentals Outweigh Shutdown Drama | October 1, 2025
LPL addresses the U.S. government shutdown, its historical market impact, and the broader economic […]
- Rate and Credit View | Can Investment-Grade Corporate Bonds be the New Risk-Free Asset? | October 2025
LPL Research explores whether investment-grade corporate bonds can rival U.S. Treasuries as the new […]
Market Signal Podcast
Macro. Market. Movers.
- Who is Going to Buy Bonds? Pension Funds
LPL Financial Research examines positive supply and demand technical analysis for the […]
- Consumers Getting a Mixed Bag of Economic Data
LPL Research takes a closer look at the mixed bag of spending and housing data and what it means […]
- Weekly Market Performance–November 27, 2023
LPL Research's Weekly Market Performance for the week of Nov. 27, 2023, recaps a strong finish for […]
- December Seasonality: Is the Santa Claus Rally Coming to Town?
LPL Research assesses stock market seasonals and what they could infer for stock market returns […]
- Is There Any Income Left in Fixed Income?
LPL Financial Research examines the still-favorable risk and return setup for fixed income after […]
- Presidential Cycle Still Supportive of Stocks
LPL Research discusses historical stock market performance in election years and what to expect in […]