by lpladvisorsadmin | Jun 5, 2022 | Global Portfolio Strategy, Research
Key changes from May report: § Upgraded view of energy to positive from neutral Downgraded view of communications services from neutral to negative Stocks staged a furious late-month rally to break even in May, but the S&P 500 Index ended the month down more than...
by lpladvisorsadmin | Jun 5, 2022 | Client Letter, Research
The bull market that began in March of 2020 came dangerously close to an end. From March 23, 2020 through January 3, 2022, the S&P 500 Index gained 114% (excluding dividends). From that January 3 closing high through the recent low on May 19, the S&P 500...
by lpladvisorsadmin | Jun 1, 2022 | Research, Weekly Market Commentary
At the risk of sounding cliché, making the case for stocks to stage a second half rally back to the prior highs requires investors to see through some heavy cloud cover. If you prefer another market cliché, it’s times like these when investors need a crystal ball. We...