During year three of the presidential cycle, the S&P 500 has gained almost 17%, with 89% of years positive since 1950, more than any other year of the cycle.
By: Collin Miller
The LPL Research Midyear Outlook 2023 provides a comprehensive analysis of key themes, offering valuable insights to investors seeking to understand the current economic landscape, identify investment opportunities, and manage potential risks. We have summarized a few key bullet points below. For the full report and in-depth analysis, please click the link below.
- Economic Recovery: The global economy is witnessing a robust recovery from the impacts of the pandemic. Positive trends in GDP growth and employment are indicative of this resurgence and is contributing to increased consumer confidence and spending.
- Tech Advancements: Breakthrough innovations in areas such as artificial intelligence, renewable energy, and digital transformation are reshaping industries and creating new investment opportunities.
- Changing Consumer Behavior: Consumer preferences have shifted towards convenience and safety which forced businesses to adapt by implementing contactless payment methods, curbside pickup and home delivery services.
- Balancing Stability and Risk: While the economic landscape appears promising, it is essential to acknowledge potential risks that could impact the path toward stability. Factors such as geopolitical tensions and potential shifts in consumer behavior could influence the pace and sustainability of the ongoing recovery.
Source: LPL Research
The opinions, statements and forecasts presented herein are general information only and are not intended to provide specific investment advice or recommendations for any individual. Investing involves risk including the potential loss of principal. Any forward-looking statements including the economic forecasts herein may not develop as predicted and are subject to change based on future market and other conditions. All performance referenced is historical and is no guarantee of future results.