Harris Financial 

Services, Inc.

Market and Economic News from LPL Financial Research Team

Week of April 15, 2019

MARKET COMMENTARY; This weekly update offers insights into domestic and global financial markets events, policy actions, and geopolitical impacts.

“What's Priced In?”

KEY TAKEAWAYS

  • We look at what’s priced into stocks following year-to-date strength to help gauge potential impact of surprises and disappointments.
  • When we look at what’s not priced in, we see several possible surprises that could
    propel the stock market to new highs.
  • Possible positive surprises include the stimulus boost from a potential China trade
    deal and better-than-expected corporate profits in 2019.

ECONOMIC COMMENTARY; This weekly update offers insights into the U.S. and global economy.

"Too High or Too Low?"

KEY TAKEAWAYS

  • Signs of slowing global growth have fueled worries of tepid domestic inflation.
  • Consumer price growth has softened, but producer price and wage growth remain solid.
  • We expect consumer price inflation to pick up as global headwinds subside.