Client Letter

Change is disruptive but it also brings opportunities for the next leg higher for this bull market.

The resiliency of the economy continues to surprise and delight us better than our highest expectations for the year.

Amidst elevated valuations for the stock market, our outlook remains positive because of robust fundamental drivers.

Markets are always forward looking, and in LPL Research’s Midyear Outlook 2021 Picking Up Speed, we help you keep your eyes on the road ahead.

The next several months may historically be the most volatile of the year, but the U.S. economy continues to recover remarkably quickly with many positives.

Progress against the virus combined with historic stimulus measures have helped the U.S. economy storm back from pandemic lockdown-driven lows.

Developments in the economy and the fight against the virus are likely to provide the ingredients for a positive outlook through the remainder of the year.

The US economy may soon recover its lost output from 2020 and the backdrop for stocks remains favorable.

The US economy continues to make steady progress in its recovery despite any short-term volatility.