Dr. Jeffrey Roach

Chief Economist

Jeffrey Roach is Chief Economist for LPL Financial. Responsible for relating economic conditions with financial market outcomes, Jeffrey provides forward-looking views of global economic conditions and sets forecasts across various economic data series.

Jeffrey is also a member of LPL Research’s Strategic & Tactical Asset Allocation Committee (STAAC), which provides a united investment view across a comprehensive range of investing disciplines. He provides regular, compelling insights for financial advisors and enterprise clients, and communicates the firm's economic views via conference calls, webinars, LPL events, and media engagements.

Known for cutting-edge research across a career that spans over 20 years in investing and economics, Jeffrey maintains frequent contact with Federal Reserve economists, Wall Street analysts, and other leading global money managers. He’s an avid contributor to the financial press outside of LPL Financial and is a sought-after speaker.

Prior to joining LPL Financial

Jeffrey Roach was a Senior Economist with Visa, where he focused on macroeconomic forecasting for both internal stakeholders and external global clients. He started his career as a Trading Floor Economist on Bank of America’s corporate trading desk and was also a Portfolio Manager for a 5-star mutual fund. While on Bank of America’s corporate trading desk, his group was responsible for internal economic research that was closely guarded and periodically sent to officials of the Federal Open Market Committee.

Jeffrey has presented economic research as far away as Italy’s Ministry of Finance in Rome and Office of National Statistics in the U.K.

Education & Achievements

PhD in Economics, Clemson University

MA in Economics, Clemson University

BS in Mathematics, Bob Jones University

Awarded one-year Research appointment, Harvard University

Advisory Board Member, University of Texas at Austin McCombs School of Business Wealth Management Center

Read Dr. Jeffrey Roach's Latest Posts

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The Patient Pause

| Dr. Jeffrey Roach

LPL Research examines the implications of current Federal Reserve policy on markets.

BOJ Promises Being Nimble

| Dr. Jeffrey Roach

LPL Research examines the implications of the latest Bank of Japan decision on the yen.

The Story Hasn’t Changed for the Fed

| Dr. Jeffrey Roach

LPL Research examines the implications of the latest Federal Reserve decision regarding interest rate cuts.

Good News: Labor Costs Are Falling

| Dr. Jeffrey Roach

LPL Research examines the improving dynamics between labor costs and services inflation.

Keep Your Eye on Internationals

| Dr. Jeffrey Roach

LPL Research looks at the improving international inflation trajectory relative to the U.S.

Diverging Inflation Experience Between U.S. vs. EU

| Dr. Jeffrey Roach

LPL Research discusses the latest CPI report and its implications for investors, including the relative attractiveness of U.S. and international equities.

How Much More Can Consumers Spend?

| Dr. Jeffrey Roach

LPL Research studies the latest spending and jobs data and what it means for Federal Reserve monetary policy.

What to Expect Out of the Fed

| Dr. Jeffrey Roach

LPL Research looks at the implications from declining inflation expectations, growing construction activity, and the risk of weakening job growth.

Years When Stocks Tracked 2023 Best and What Came Next

| Dr. Jeffrey Roach

LPL Research explores years that closely correlate to 2023 and their potential history lesson for the year ahead.

Online Sales Skyrocket As Consumers Keep Spending

| Dr. Jeffrey Roach

LPL Research looks at the latest retail sales numbers and what it might mean for the upcoming personal income and spending release and future Fed policy.

Markets Focus on a Confusing Job Market

| Dr. Jeffrey Roach

LPL Research explores what the recent jobs report means for the Federal Reserve and markets.

Is This Time Truly Different?

| Dr. Jeffrey Roach

LPL Research looks at various charts unique to the current economic environment and what it means for the coming year.

Preparing for the Federal Reserve Pivot

| Dr. Jeffrey Roach

LPL Financial Research previews the Federal Reserve’s December policy meeting and discusses potential investment implications.

Consumers Are Getting a Mixed Bag of Economic Data

| Dr. Jeffrey Roach

LPL Research takes a closer look at the mixed bag of spending and housing data and what it means for markets.