Flat Start Does Not Mean Flat Finish

Weekly Market Commentary 8-17-15

This year has brought a whole lotta flat. The S&P 500 dipped into negative territory for the year last week (on August 12) and is only up about 1% year to date. The bond market has been flat — the Barclays Aggregate Bond Index has returned just 0.51% so far in 2015. Even the U.S. economy was relatively flat during the first half of 2015, with just 1.5% growth in gross domestic product (GDP) on an annualized basis, well below potential. Flat, flat, and more flat.

With the S&P 500 still fairly close to flat on the year (+1.6% on a price basis as of August 14), we look at how likely stocks are to produce a solid year of gains. A look back at history over recent decades is encouraging.

Read

Want To Keep Reading?

Read the full commentary by LPL Financial Market Strategists.
Read
Let's Talk

Let's Get Started

It's time to begin your walk to financial independence. It's time for an honest discussion.
Let's Talk