FIVE FORECASTERS: FEW WARNING SIGNSMarket Commentary |
Our favorite leading indicators are signaling that further economic growth and stock market gain may lie ahead.
With the economic cycle celebrating a record tenth birthday this summer, the big question is how much longer can the expansion go? This week, we will look at our Five Forecasters for late-cycle warnings. Historically, these indicators—which are summarized in our Recession Watch Dashboard—have collectively signaled a transition to the later stages of the economic cycle and an increased potential of an oncoming recession and bear market.
John Lynch Chief Investment Strategist, LPL Financial
Ryan Detrick, CMT, Senior Market Strategist, LPL Financial