Broker Check

Market Outlook 2020

Outlook 2020: Bringing Markets Into Focus

Hindsight is 20/20, but finding clarity in future uncertainty can be fuzzy.

At LPL Research as we look forward to the year 2020 and a new decade, some
key trends and market signals will be important to watch, including progress on
U.S.-China trade discussions, an encouraging outlook from corporate America,
and continued strength in consumer spending.

Trade risk, slower global growth, and the impeachment inquiry have garnered a lot
of the headlines recently, but behind the scenes the U.S. economy has remained
resilient. Economic data has been meeting lowered economic expectations,
indicating an expansion that is still enduring. Most recently, third quarter economic
growth was consistent with the long-term trend of this current economic
expansion, which is now more than 10 years old.

We expect the U.S. economy to continue to grow in 2020 and support gains
for stocks, although we are increasingly mindful of our position in the business
cycle. At some point in the future this record-long expansion will come to a close,
leaving investors wondering what’s next. Against this backdrop questions about
the next potential recession and the 2020 U.S. presidential election continue to
be top of mind for many investors. While we can’t see into the future, one thing
we can predict is that uncertainty in the markets is here to stay. And we are here
to help. We offer our Outlook 2020, your guide to preparing for this dynamic—yet
uncertain—market environment.

Read more about our forecasts and the key themes in the full publication.