Thus far in 2017, an important shift has taken place in this economic cycle. The Federal Reserve has shown increasing trust that the economy has recovered and that market forces can keep it steady. The gauges say growth engines and market drivers may have changed: power down monetary policy, power up business fundamentals, and potentially take fiscal policy and economic growth off standby.
Here are the key themes LPL Research will be watching as we look ahead to the rest of 2017:
Use the publication, featuring forecasts for stocks, bonds, and the economy, as your guide for the remainder of the year.
[PDF] LPL RESEARCH MIDYEAR OUTLOOK 2017: A SHIFT IN MARKET CONTROL