Investor’s Guide to the State of the Union Address
President Obama’s State of the Union, scheduled for Tuesday, February 12, is unlikely to be a big market mover. However, two major themes that we will be listening for with potential market impacts: the fiscal cliff and energy independence.
Fiscal cliff-related comments hold potential consequences for defense, consumer discretionary, and high dividend-paying stocks.
Comments on energy independence could lead to a bounce in clean energy stocks that soon fades. Talk of the elimination of tax breaks for the exploration and production companies in the energy sector could act as a negative. (Read more)
The LWP Group is Here to Help
At the LWP Group, we're here to help you with all your estate planning needs. Including working with you to select the right gifting options that work within your overall plans. We hope these LPL Weekly Market Commentary posts provide you some insight into current market conditions. Visit our website www.TheLWPGroup.com or simply give us a call with any questions you may have. (734) 424-1700