Weekly Bottom Line

This week’s data all flashed signs of an economy slowly gearing down. Both ISM indicators signaled contraction, while revisions to prior month’s payrolls gains and an uptick in the unemployment rate show the labor market continues to cool. All eyes will now be focused on next week’s Consumer Price Index report to see just how […]

Double-Digit Earnings Growth on Tap

With stock valuations elevated after such a strong first half, earnings growth will be key to holding, or potentially building on these gains. LPL Research believes stocks have gotten a bit over their skis, but earnings season may not be the catalyst for a pullback in the near term given all signs point to another […]