What’s It Worth?

Highlights:

Only three things have really mattered to the markets: the Federal Reserve’s stimulus, the outlook for earnings, and the labor market.

The movements in these three have been aligned on a week-to-week basis with stock market value about 90% of the time during this bull market.

As we move through the second half of the year, it is worth reflecting on what a change in each of these drivers is worth to the U.S. stock market.

Jeffrey Kleintop, CFA
Chief Market Strategist
LPL Financial

Tracking #1-176772 (Exp. 06/14)