Skip to main content

LPL Financial Research Publishes Outlook 2021: Powering Forward

Written by Customer Service on . Posted in Public Companies.

CHARLOTTE, N.C., Dec. 08, 2020 (GLOBE NEWSWIRE) — LPL Financial LLC, a leading retail investment advisory firm, independent broker-dealer and registered investment advisor (RIA) custodian, today announced that its annual “Outlook 2021”, is now available in a digital version and as a downloadable PDF. The report, “Powering Forward,” contains investment insights and market guidance for 2021, a year that will bring a new U.S. president amidst the global COVID-19 pandemic.
In Outlook 2021: Powering Forward, LPL shares views on stocks, bonds, interest rates, the economy and the post-election policy environment, all in the context of new challenges and new opportunities. Key insights and forecasts discussed in the Outlook 2021 report include:Policy: We expect global central banks to remain supportive and for individual economies to continue to refine their response to COVID-19. In the United States, what will likely be a divided government may help limit new taxes and regulations, while still supporting additional fiscal stimulus that could include high-priority items for both Democrats and Republicans.Domestic Economy: Continued progress in the response to COVID-19, including further stimulus, will be the key to sustaining the recovery. COVID-19-impacted service industries may be the last to bounce back. We expect some of the accelerated innovation that came with the COVID-19 response to have a positive long-term impact. We forecast 4–4.5% US gross domestic product (GDP) growth in 2021.International Economy: Emerging market economies may lead in a global rebound. We believe growth in international developed economies may lag behind the United States, although a strong fiscal response may help Japan. We forecast global GDP growth of 4.5–5%.Stocks: An earnings rebound in 2020 and strong earnings growth in 2021 may allow stocks to grow into somewhat elevated valuations. Cost efficiencies achieved during the pandemic may persist. We see an S&P 500 Index fair value target range of 3,850-3,900 in 2021 with potential for upside with better-than-expected vaccine progress.Bonds: Inflationary pressure is likely to be limited, and the Federal Reserve (Fed) is expected to keep rates low, but economic improvement and even normalizing inflation could put upward pressure on rates. We see the 10-year yield finishing 2021 in a range of 1.25–1.75% with a bias toward the lower end.
“2020 has changed us, the way we do business, the way we connect. In 2021 we restart the engine, but we’re not driving toward the same world we left behind in 2019,” said Burt White, LPL Financial managing director and chief investment officer. “There has been damage to areas of the economy that may never fully recover, but there are other areas that will adapt, reinvent themselves and help reinvigorate growth. There are still risks to navigate in 2021, but it’s time to get back on the road.”About LPL Financial
LPL Financial (https://www.lpl.com) is a leader in the retail financial advice market, the nation’s largest independent broker-dealer** and a leading custodian (or provider of custodial services) to RIAs. We serve independent financial advisors, professionals and financial institutions, providing them with the technology, research, clearing and compliance services, and practice management programs they need to create and grow thriving practices. LPL enables them to provide objective guidance to millions of American families seeking wealth management, retirement planning, financial planning and asset management solutions.**Based on total revenues, Financial Planning magazine June 1996-2020.Securities and advisory services offered through LPL Financial LLC, an SEC- registered broker-dealer and investment advisor. Member FINRA/SIPC. Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial LLC.  We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.Important Disclosures
Please see the LPL Financial Research Outlook 2021: “Powering Forward” for additional description and disclosure.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. To determine which investment(s) may be appropriate for you, please consult your financial professional prior to investing.Any forward-looking statements including the economic forecasts may not develop as predicted and are subject to change based on future market and other conditions.The Standard & Poor’s (S&P) 500 Index tracks the performance of 500 widely held, large-capitalization US stocks. All indexes are unmanaged and cannot be invested into directly.Media Contacts:
LPL Research: Christine Cannon
(631) 776-0247
ccannon@markettalknow.comLPL Financial: Lauren Hoyt-Williams
(980) 321-1232
Lauren.Hoyt-Williams@lpl.com Connect with Us!https://twitter.com/lplhttps://www.linkedin.com/company/lpl-financialhttps://www.facebook.com/LPLFinancialLLChttps://www.youtube.com/user/lplfinancialllc

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.