Market Commentary

Weekly Market Commentary 

 Each week, the LPL Financial Research team delivers timely market insights, investment commentary, and economic analysis to help investors better understand market trends and current financial news.

A NEW FED REGIME: WARSH, POLICY DIRECTION, AND TREASURY MARKET CONSEQUENCES

May 11, 2026 | LPL Research

LPL Research explores how a potential Warsh-led Fed could reshape policy, Treasury markets, and volatility amid rising deficits and shifting demand.

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AI WAVE CONTINUES TO POWER TECHNOLOGY EARNINGS BOOM

May 4, 2026 | LPL Research

LPL Research examines overlooked tech growth, assessing strong earnings, AI skepticism, and valuation opportunities for investors.

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AMERICAN INDUSTRIAL RENAISSANCE: FACT OR FICTION?

April 27, 2026 | LPL Research

LPL Research assesses the case for an American Industrial Renaissance, focusing on manufacturing investment, supply‑chain resilience, and energy costs.

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RETHINKING FIXED INCOME ALLOCATION IN A MULTI‑POLAR WORLD

April 20, 2026 | LPL Research

LPL Research examines the fixed income space as global bonds broaden yields and reduce U.S. concentration, offering diversified income and resilience via non‑U.S. developed and emerging markets.

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THE ECONOMY TAKES MULTIPLE SHOCKS IN STRIDE

April 13, 2026 | LPL Research

LPL Research reviews inflation, growth, and global financial conditions, showing why the economy continues to withstand multiple shocks.

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LESSONS FROM PAST CONFLICTS FOR TODAY’S STOCK MARKET

April 6, 2026 | LPL Research

LPL Research looks to the past for lessons on geopolitical uncertainty and its potential impact on equities.

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EARNINGS LIKELY TO GROW DOUBLE-DIGITS AGAIN; WILL MARKETS CARE?

March 30, 2026 | LPL Research

LPL Research explains why solid earnings, AI investment, and economic resilience underpin stocks, even as oil prices and volatility pressure markets.

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PRIVATE CREDIT UNDER PRESSURE: LIQUIDITY MISMATCHES IN AN AI-DISRUPTED CYCLE

March 23, 2026 | LPL Research

LPL Research examines recent private credit activity in the face of growing sophistication from AI.

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WHY OIL PRICES MATTER LESS — BUT STILL MOVE HEADLINE INFLATION

March 16, 2026 | LPL Research

LPL Research explains how America’s declining reliance on oil and rising geopolitical risks shape inflation, growth expectations, and volatility in 2026.

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MARKETS TESTED AS IRAN CONFLICT CONTINUES

March 9, 2026 | LPL Research

LPL Research reviews how the Iran conflict is affecting markets, highlighting energy risks, market resilience, and what investors should watch in the weeks ahead.

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HOW LPL RESEARCH THINKS ABOUT DIVIDENDS

March 2, 2026 | LPL Research

Looking beyond recent dividend strategies' performance, LPL Research asks and answers the question, “How should I think about dividend stocks or building an equity income portfolio?”

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LPL RESEARCH’S 2026 STRATEGIC ASSET ALLOCATION

February 23, 2026 | LPL Research

Explore LPL Research’s 2026 SAA update, featuring equity shifts, bond strategy, and purposeful diversification to support steady long‑term portfolio outcomes.

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FROM BUBBLE FEARS TO DISRUPTION RISK: THE NEW AI MARKET NARRATIVE

February 17, 2026 | LPL Research

LPL Research analyzes recent market activity, AI anxieties, and possible directions the new technology could be heading in.

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FIVE REASONS THE RUN IN EMERGING MARKETS COULD CONTINUE

February 9, 2026 | LPL Research

LPL Research highlights five reasons emerging markets look attractive in 2026, from dollar weakness to accelerating earnings, and AI-driven growth.

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DUELING MANDATES: THE FED’S POLICY CAUTION AND TREASURY’S GROWING BORROWING NEEDS

February 2, 2026 | LPL Research

LPL Research examines how the Fed is entering 2026 amid constrained conditions and as growth and inflation meet an unsustainable fiscal trajectory.

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THE PRODUCTIVITY ADVANTAGE: POWERING ECONOMIC GROWTH IN 2026

January 26, 2026 | LPL Research

LPL Research examines how rising productivity, AI adoption, and structural shifts toward services are supporting U.S. economic growth in 2026.

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UNEARTHING THE METALS MELT-UP

January 20, 2026 | LPL Research

LPL Research explores the drivers behind the rally in metals, the associated risks, and the outlook for their durability.

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EARNINGS PREVIEW: DOUBLE-DIGIT STREAK LIKELY TO CONTINUE 

January 12, 2026 | LPL Research

LPL Research takes a look at fourth quarter earnings season as it unofficially kicks off this week with a dozen banks and asset managers in the S&P 500 slated to report.

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EVALUATING OUR 2025 FORECASTS: EQUITY, FIXED INCOME, AND THE U.S. ECONOMY

January 5, 2026 | LPL Research

LPL Research reviews 2025 market predictions: key wins, misses, and lessons across equities, fixed income, and the U.S. economy.

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NAVIGATING NEUTRAL: FED POLICY KEY FOR FIXED INCOME MARKETS IN 2026

December 22, 2025 | LPL Research

LPL Research forecasts income-driven returns for 2026, with neutral duration, cautious Fed policy, and tight credit spreads.

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POLICY TAILWINDS AND ARTIFICIAL INTELLIGENCE TO POWER STOCKS IN 2026

December 15, 2025 | LPL Research

LPL Research examines why the bull market appears ready to continue its run in 2026, powered by AI enthusiasm and further easing of monetary policy from the Fed.

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MORE KEYS FOR MARKETS IN 2026: LPL MARKET OUTLOOK SNEAK PEEK

December 1, 2025 | LPL Research

Discover key factors shaping 2026 markets — AI adoption, earnings growth, and policy trends in LPL’s Outlook preview - to help investors navigate volatility.

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CORPORATE AMERICA CLEARED A HIGH BAR THIS EARNINGS SEASON

November 24, 2025 | LPL Research

LPL Research examines a third quarter earnings season that is winding down over the next couple of weeks and has once again met Wall Street’s high expectations.

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EARLY MARKET KEYS TO 2026

November 17, 2025 | LPL Research

In a year that could easily be defined by a few different words capital markets have plugged along. LPL Research examines their keys to 2026.

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AI INFRASTRUCTURE: A NEW PILLAR OF ECONOMIC GROWTH

November 10, 2025 | LPL Research

LPL Research explores how AI-driven investments and intellectual property are reshaping U.S. economic growth, capital flows, and market dynamics.

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FROM MICRO TO MACRO: A BUSY WEEK OF MARKET-MOVING DATA

November 3, 2025 | LPL Research

LPL Research reports on Fed rate cut, U.S.–China trade truce, strong earnings, and AI spending scrutiny amid narrowing market breadth and volatility risks.

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HALLOWEEN SPECIAL: WHAT COULD SPOOK MARKETS

October 27, 2025 | LPL Research

LPL Research provides commentary on which risks should be paid attention to as the markets move into the final months of the year.

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COCKROACHES, CANARIES, AND CREDIT MARKETS

October 20, 2025 | LPL Research

LPL Research highlights early signs of stress in corporate credit markets, with rising defaults and tight spreads in leveraged and private credit.

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HAPPY ANNIVERSARY BULL MARKET

October 13, 2025 | LPL Research

This bull market enters year four with strong gains, driven by tech and AI. History suggests more upside ahead amid resilient growth and a dovish Fed stance.

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HAPPY ANNIVERSARY BULL MARKET

October 13, 2025 | LPL Research

This bull market enters year four with strong gains, driven by tech and AI. History suggests more upside ahead amid resilient growth and a dovish Fed stance.

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Q3 EARNINGS SEASON PREVIEW: LITTLE SUSPENSE

October 6, 2025 | LPL Research

LPL Research provides a Q3 earnings preview highlighting strong AI-driven growth, resilient margins despite tariffs, and a positive outlook for corporate profits into 2026.

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EQUITY MARKET MELT-UP COOLS AS GOVERNMENT SHUTDOWN LOOMS

September 29, 2025 | LPL Research

LPL Research analyzes recent market performance as Fed expectations, strong economic data, government shutdown concerns and more continue to have an impact.

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NO RISK-FREE PATH

September 22, 2025 | LPL Research

LPL Research examines the potential effects of recent Fed actions.

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