Market Volatility

Dear Clients and Friends,

The bull market that began in March of 2020 came dangerously close to an end. From March 23, 2020 through January 3, 2022, the S&P 500 Index gained 114% (excluding dividends). From that January 3 closing high through the recent low on May 19, the S&P 500 fell nearly 19%, narrowly avoiding the level at which bull markets end and bear markets begin.

Dear Clients and Friends,

Stocks have gotten off to a very rocky start in 2022, with the potential for Federal Reserve rate hikes coming and the geopolitical worries over Russia and Ukraine only adding to the uncertainty. We don’t want to minimize the impact of that major geopolitical event, but there is some positive news out there, even though it might not feel like it.

Dear Clients and Friends:

Stocks have gotten off to a tough start in 2022. Why has the market pulled back and what might we see going forward?

January 10, 2019

Dear Valued Investor:

2018.12.24_LPL Client Market Volatility Letter.pdf