LPL Research

Economic reports released in July 2018, largely reflecting economic activity in June, provided evidence of accelerating U.S. economic growth over the second quarter.

The Fed announced last Wednesday that it would keep interest rates unchanged, a decision that markets largely expected.

The Labor Department’s July jobs report, released on Friday, August 3, confirmed that the labor market remains healthy.

We share the most frequently asked questions from Focus 2018, on topics such as trade tensions, emerging markets, growth versus value, and the yield curve.

As we look back on the month of July, the standout stories for the summer so far have been strong U.S. economic growth and surging corporate profits. This latest Client Letter recaps these reports and emphasizes the importance of focusing on fundamentals through any potential stock market volatility.

The economy grew 4.1% in the second quarter, topping 4% for the first time since the third quarter of 2014.

Active management may be poised for a comeback.

In testimony to Congress, Fed Chair Powell largely stuck to the script, saying little to alter the Fed’s perceived course.

The economy may have posted unusually strong growth of near 4% or more in the second quarter.

Consensus estimates are calling for a 21% year-over-year increase in S&P 500 earnings for the second quarter.