LPL Research

“High yield has faced some headwinds thus far in 2018, but fundamentals remain solid.”

“The February employment report crushed expectations for the number of jobs created (313,000 versus the consensus expectation of 205,000), but wage growth moderated from the surprising January levels.”

“Our Five Forecasters are collectively indicating that further economic growth and stock market gains appear likely.”

“Economic reports released in February 2018, largely reflecting economic activity in January, signaled continued steady growth though mixed with rising inflation.”

“We believe the rise in rates over the last six months has the potential to stick.”

“We believe any potential negative impact caused by the proposed tariffs in isolation will be small.”

“The bull market will celebrate its ninth birthday on March 9, 2018. This week, we look at some of our favorite bull market indicators and the signals that accompany them.”

“Treasury Inflation-Protected Securities (TIPS) are sought after when inflation is expected to rise.”

“March brings several significant events that have the potential to be market movers.”

“We have raised our 2018 S&P 500 EPS forecast from $147.50 to $152.50 and our S&P 500 year-end fair value target to 2950–3000.”