Gauging Market Milestones - LPL Financial Research
Stock markets, bond markets, the economy, policy — some years they push and pull on each other lightly as markets follow their own path; in others, one influence, such as monetary policy, dominates. But sometimes, often following a period of change, understanding the pushes and pulls and how they interact becomes a key to reassessing market dynamics for the next year and beyond.
2016 was a milestone year, a year of important changes for markets, the economy, and certainly politics. S&P 500 corporate earnings turned positive reversing more than a year of declines. After a one-year…