LPL Research Releases 2024 Midyear Outlook: Still Waiting for the Turn

At the end of 2023, the LPL Research team posited that in 2024, the markets would make a definitive turn to a more recognizable place, marked by meaningful shifts in inflation, interest rates and recession risk. At midyear, LPL professionals are still waiting for that turn. "Economic growth has continued to surprise to the upside," said Jeffrey Roach, PhD, Chief Economist at LPL Financial. "The U.S. economy has continued to exhibit remarkable resilience, growing beyond expectations despite facing high infla ...