Boston, MA (PRWEB) June 27, 2014
At this year’s halfway point, LPL Financial Research is pleased to offer the Mid-Year Outlook 2014: Investor’s Almanac Field Notes containing key observations and updates to their outlook for 2014. Similar to a farming almanac, LPL Financial Research’s Investor’s Almanac is a publication containing a guide to patterns, tendencies, and seasonal observations important to growing. The goal of farming is not merely to grow crops, but to sustain living things—investing shares the same goal.
As LPL Financial Research expected, markets in 2014 have been less influenced by politics and policymakers than in 2013 and more dependent upon growth. Growth is an essential characteristic of all living things, and in 2014, growth is vital to LPL Financial Research’s outlook for the economy and markets. LPL Financial Research’s notes from the field contain these key observations and reaffirm their forecasts:
The primary risk to LPL Financial Research’s outlook, the possibility that better growth in the economy and profits do not develop, has gained even sharper focus as we move from the threshold of the new year into the midst of 2014. That risk is likely to be more significant in the second half of the year than the distractions posed by the end of the Fed's bond-buying program and the mid-term elections.
Read the Full Publication
Read the Award-Winning Outlook 2014 Publication
About LPL Financial Research
LPL Financial Research is the in-house investment advice provider for all advisors who leverage the LPL Financial Research platforms. Our mission is to be a trusted partner to our advisors who provide investors with choices to help meet their financial goals. We provide market, investment management, and due diligence advice. Our Outlook publications, produced twice annually, serve as the backdrop for all of our investment recommendations and communications efforts for the rest of the year.
About LPL Financial
LPL Financial, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ: LPLA), is the nation's largest independent broker/dealer (based on total revenues, Financial Planning magazine, June 1996-2014), an RIA custodian, and an independent consultant to retirement plans. LPL Financial offers proprietary technology, comprehensive clearing and compliance services, practice management programs and training, and independent research to more than 13,700 financial advisors and more than 720 financial institutions. In addition LPL Financial supports approximately 4,500 financial advisors licensed with insurance companies by providing customized clearing, advisory platforms and technology solutions. LPL Financial and its affiliates have more than 3,000 employees with primary offices in Boston, Charlotte, and San Diego. For more information, please visit http://www.lpl.com.
Securities and advisory services offered through LPL Financial. A registered investment advisor, member FINRA/SIPC.
Economic forecasts set forth may not develop as predicted.
Bonds are subject to market and interest rate risk if sold prior to maturity. Bond values will decline as interest rates rise and bonds are subject to availability and change in price.
Stock investing involves risk including loss of principal.
LPL Financial, Member FINRA/SIPC
*As noted in our 2014 Outlook, The Investors Almanac, the stock market may produce a total return in the low double digits (10-15 percent). This gain is derived from earnings per share (EPS) for S&P 500 companies growing 5-10 percent and a rise in the price-to-earnings ratio (PE) of about half a point from just under 16 to 16.5, leaving more room to grow. The PE gain is due to increased confidence in improved growth allowing the ratio to slowly move toward the higher levels that marked the end of every bull market since World War II (WWII).
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