Author: LPL Financial

Growth Value Update

Growth Value Update

Key Takeaways Growth stock valuations appear rich; its run may be poised to pause or reverse. Economic growth is improving, which tends to favor value. Technical analysis suggests that the growth rally may be overextended. Also read: Q2/H1 Hedge Fund […]

Corporate Beige Book: Upbeat As Expected

Corporate Beige Book: Upbeat As Expected

Key Takeaways Based on the Corporate Beige Book Barometer, companies remained generally upbeat during the second quarter earnings season. The number of mentions of the Trump administration in earnings conference calls has dropped substantially over the past two quarters. The […]

Bottom Line: Impressive Earnings Season

Bottom Line: Impressive Earnings Season

Key Takeaways Corporate America has delivered double-digit earnings growth for the second consecutive quarter with solid upside to forecasts. The breadth of earnings gains and magnitude of upside to revenue forecasts have been impressive, with generally upbeat management outlooks. Strong […]

Slow Evolution Of Consumer Spending

Slow Evolution Of Consumer Spending

Key Takeaways Consumer spending has been slow to recover after the Great Recession relative to other economic downturns. We see signs that consumer spending could accelerate, especially if the relatively tight labor market finally results in higher wages for workers. […]