Subscribe to the Market Signals podcast series on iTunesGoogle Podcasts, or Spotify and find us on the LPL Research YouTube channel.
 

 

LPL Financial Strategists Jeff Buchbinder and Barry Gilbert preview third-quarter earnings season. LPL Research expects solid earnings growth for S&P 500 Index companies in the mid-to-high 30s, though upside surprises are unlikely to be as big as in recent quarters. As the numbers roll in and companies share their thoughts on the future, Jeff and Barry are interested in how long companies expect supply chain issues and materials and labor shortages to last. Wage pressures are also of interest.

Retail sales came in much better than economists’ expectations for September. The solid numbers came in the face of both demand and supply challenges related to COVID-19. Considering consumers still enjoy significant excess savings, rising wages, and a healing job market as COVID-19 cases decline, the gains perhaps shouldn’t have come as a surprise.

Finally, Jeff and Barry discuss some of the toughest asset allocation questions facing investors these days. Elevated domestic stock valuations following strong gains since the pandemic lows coupled with low interest rates make for a challenging asset allocation environment. They gaze into their crystal balls to try to help investors by addressing these tough questions.

Tune in now

Listen to the entire podcast to get the LPL strategists’ views and insights on current market trends in the US and global economies. You can subscribe to Market Signals on iTunesGoogle Podcasts, or Spotify and find us on the LPL Research YouTube channel.


 

IMPORTANT DISCLOSURES

This material is for general information only and is not intended to provide specific advice or recommendations for any individual. There is no assurance that the views or strategies discussed are suitable for all investors or will yield positive outcomes. Investing involves risks including possible loss of principal. Any economic forecasts set forth in the podcast may not develop as predicted and are subject to change.

References to markets, asset classes, and sectors are generally regarding the corresponding market index. All indexes are unmanaged and cannot be invested into directly. Index performance is not indicative of the performance of any investment and do not reflect fees, expenses, or sales charges. All performance referenced is historical and is no guarantee of future results.

Any company names noted herein are for educational purposes only and not an indication of trading intent or a solicitation of their products or services. LPL Financial doesn’t provide research on individual equities. All information is believed to be from reliable sources; however, LPL Financial makes no representation as to its completeness or accuracy.

All index data is from FactSet.

All information is believed to be from reliable sources; however, LPL Financial makes no representation as to its completeness or accuracy.

This Research material was prepared by LPL Financial, LLC. 

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