LPL Research Expects U.S. Economic Growth To Pick Up in Pace in 2018
CHARLOTTE, N.C.– July 11, 2018 – Leading retail investment advisory firm and independent broker/dealer LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ: LPLA), today announced its research publication, “Midyear Outlook 2018: The Plot Thickens,” is available for download. The report contains investment insights and market guidance covering the rest of the year.
LPL Research believes the following three themes will be key to the markets over the balance of 2018:
The midyear report maintains confidence in the existing forecasts reported in “Outlook 2018,” with some minor adjustments:
“Given that we are in the later stages of this economic cycle, with factors such as increased trade tensions and geopolitical uncertainty at play, we do expect greater volatility may be ahead. But it’s important to remember that experiencing these ups and downs is a normal aspect of our market environment,” said LPL Financial Executive Vice President and Chief Investment Strategist John Lynch. “Overall, we continue to see the potential for economic and market growth in 2018 and beyond. The LPL Research ‘Midyear Outlook 2018’ is here to provide the insightful commentary to help navigate the remainder of the year.”
About LPL Financial
LPL Financial is a leader in the retail financial advice market and the nation’s largest independent broker-dealer*. We serve independent financial advisors and financial institutions, providing them with the technology, research, clearing and compliance services, and practice management programs they need to create and grow thriving practices. LPL enables them to provide objective guidance to millions of American families seeking wealth management, retirement planning, financial planning and asset management solutions.
Securities and Advisory Services offered through LPL Financial. A registered investment advisor, Member FINRA/SIPC.
*Based on total revenues, Financial Planning magazine June 1996-2018
Please see the Midyear Outlook 2018: The Plot Thickens for additional description and disclosure.
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