Burt White, Chief Investment Officer, LPL Financial Jeffrey Buchbinder, CFA, Equity Strategist, LPL Financial
Last week, we revised our economic and market forecasts as the war against the COVID-19 pandemic wages on. We are likely in recession now, though we won’t know that for sure until more timely data is released. What is clear, however, is stocks have priced in a recession. We offer our latest thoughts on the bottoming process and take a deeper dive into our updated economic and market forecasts.