LPL’S U.S. REAL GDP FORECAST CHANGE

John Lynch, Chief Investment Strategist, LPL Financial Jeffrey Buchbinder, CFA, Equity Strategist, LPL Financial

Written by 
 Boone Wealth Advisors

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We have lowered our projections for U.S. gross domestic product (GDP), the 10-year U.S. Treasury yield, and operating earnings for the S&P 500 Index in 2019, as we noted in the August 19 Weekly Market Commentary: Tweaking Forecasts, and introduced our preliminary 2020 forecasts. Over the next three weeks, we will highlight our reasoning behind these changes. Delayed prospects for a trade agreement between the United States and China remain central to our projections for economic growth and financial market performance in the coming months and quarters.

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Written by Boone Wealth Advisors

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