2020 has been a year of records, both record losses and record gains. After a brutal spring, markets and the economy have mostly rebounded in the summer and fall.
As the race for the White House enters the homestretch, some indicators suggest the election may be closer than polls are saying.
Stocks were lifted by the stronger-than-expected economic rebound, as fiscal and monetary stimulus continued to provide support.
Markets have come a long way since the March lows, and LPL Research sees further gains ahead for stocks, especially small cap stocks.
A global review of September performance and a look forward, with a focus on potential impacts from the election and another stimulus package.
Signs of market and economic strength tell us that better times likely are coming in 2021…
Despite September weakness in the technology sector that has dragged the broader market lower, we expect leadership to continue given supportive underlying fundamental and technical conditions.
Central bank policies remain focused on economic recovery, with an eye on COVID-19 developments.
Markets have been on a wild ride in September so far, with a strong first two days of the month followed by one of the sharpest 10% corrections ever for the NASDAQ.
Stocks continued their positive momentum with strong gains in August before volatility returned in early September.