Business and consumer confidence indicators usually decline and government spending drops during a shutdown, but any losses have typically been recouped quickly….read more
EM still looks like a better value than Europe. The MSCI Emerging Markets (EM) Index and S&P 500 Index are both trading at 5-6% discounts to their 25 year averages…read more
Positions maintained (no changes); updates on LPL Research’s views on equity, equity sectors, fixed income, and alternative asset classes…read more
Yesterday was another bump in the road for Brexit after more than two-thirds of the U.K. Parliament voted against British Prime Minister Theresa May’s separation deal…read more
The path to a Brexit is less clear now, especially after May’s deal was struck down by more than two-thirds of Parliament and the March deadline for a deal nears…read more
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