Wednesday, November 5, 2014

November 3, 2014 - LPL Financial Weekly Market Commentary from Legacy Wealth Planning

It is important to recognize that the S&P 500 is not GDP. S&P 500 companies have different drivers for earnings than the components that drive GDP.

The backdrop of solid business spending within a slower trajectory of overall GDP growth can be a favorite one for the stock market.

Although stocks are at the low end of our target 10-15% S&P 500 return range for 2014, we see further gains between now and year end as likely, with profit growth as a primary driver.

November 3, 2014 - LPL Financial Weekly Market Commentary from Legacy Wealth Planning

Click to view & download the complete LPL Financial Weekly Market Commentary

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