We wanted to share with you a quick 3-page read provided by our clearing firm LPL, as a follow-up to the material we sent in early July (also provided by LPL) titled Midyear Outlook 2022: Navigating Turbulence. We felt this follow-up to be very timely & helpful in summarizing the things that have happened over the past 60 days since markets have bounced back a bit and as The Federal Reserve, Jerome Powell, and inflation in the economy continue to dominate the headlines.
The attached analysis covers both the current and year-end analyst consensus Price to Earnings Ratio (P/E) of the overall market, which is one of our very favorite topics to discuss with clients during our reviews. We find particular interest in the year-end case being made by LPL for earnings expectations.
We think the 5-minute read is well worth the time and would be happy to discuss it further if you have any questions regarding it.
As always, thank you for allowing all of us here at WIT Capital the continued opportunity to be of service on you and your family’s finances.
CLICK HERE to read article : Earnings Recap : Still Hanging In There
Market commentary provided by LPL Research. LPL Financial serves as the principal sponsor, an investment advisor and the broker/dealer, and Equitable Advisors, LLC serves as an investment advisor for the LPL Financial investment advisory programs offered through Equitable Advisors’ Financial Professionals. Equitable Advisors and its Financial Professionals are not affiliated with LPL Financial.
Securities offered through Equitable Advisors, LLC (NY, NY 212-314-4600), member FINRA/SIPC (Equitable Financial Advisors in MI & TN). Investment advisory products and services offered through Equitable Advisors, LLC, an SEC registered investment advisor. Annuity and insurance products offered through Equitable Network, LLC, which conducts business in CA as Equitable Network Insurance Agency of California, LLC, in UT as Equitable Network Insurance Agency of Utah, LLC, in PR as Equitable Network of Puerto Rico, Inc. WIT Capital is not a registered investment advisor and is not owned or operated by Equitable Advisors or Equitable Network.
PPG-4927889.1 (9/22)(Exp. 9/24)