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Recurring Themes

Lower-rated bonds led performance within the bond market during the first quarter of 2013, continuing a theme from 2012. For the second quarter of 2013, we expect the performance differential between lowerrated and high-quality bonds to moderate. Our low-single-digit total return forecast for 2013 remains intact.

Message From the Markets

Stocks posted a strong first quarter. While shy of last year’s 12% first quarter gain, the S&P 500 Index’s 10% gain seen this year reflects very strong performance. Consistent with the powerful gains for stocks, bond yields and oil prices also rose in the quarter. Given the average-atbest economic readings during the first quarter, the performance of the stock, bond, and commodity markets begs the question: what are the markets saying about where the economy is headed?

Business Capital Spending

On March 28, 2013, the Bureau of Economic Analysis of the U.S. Department of Commerce reported that corporate profits of all U.S.-based corporate entities hit an all-time high in the fourth quarter of 2012. Strong overseas economies, restrained hiring, modest wage gains, low interest rates, solid worker productivity, and an economic cycle that is just three months shy of its fourth birthday have all contributed to the record level of profits. Economy-wide...

Dreaming of cruising the Caribbean?

Our Dancing with the Stars Caribbean Cruise is a GREAT way to warm up in the winter! Set to sail on January 12, 2014, it's never to early to book your dream vacation! Plus, booking early will help your odds of getting a great cabin location!

Current Conditions Index 3/27/13

Over the past week, the LPL Financial Current Conditions Index (CCI) slid slightly from near multiyear highs to 247. The path of the CCI remains consistent with continued, though modest, economic growth in the United States. Over the past few months, momentum in the CCI has improved slightly...

 
Results: 183 Articles found.