August 21, 2019Filed under: Weekly Market Commentary

TWEAKING OUR FORECASTS

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

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Boone Wealth Advisors

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We are tweaking our 2019 forecasts to reflect increased risk to economic growth and corporate profits from the ongoing trade conflict between the United States and China. We are maintaining our year-end fair value target on the S&P 500 of 3,000 as lower interest rates and inflation support higher valuations...

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