LPL Research examines stock market seasonality in December and how the strong November may affect the outlook.

LPL Research discusses the impacts of 2018 tariffs on wholesale and retail inflation.

LPL Research examines the top five takeaways from the 2024 presidential election.

LPL Research highlights the recent rally in gold and how high-earning millennials are supporting retail spending.

The Fed delivered a 50 basis-point cut in rates with a clear message they are committed to full employment. The decision to cut rates was not unanimous, but Chairman Jerome Powell mustered some consensus among the hawks and doves on the Committee. Still, Federal Reserve Governor Michelle Bowman dissented, the first time a governor has dissented since 2005.

Increased volatility over the last several weeks has reshaped the equity market leaderboard. Capital has flowed out of technology and other cyclical areas of the market and into more defensive sectors.

With NVIDIA (NVDA) earnings now out of the way, investor focus turns to tomorrow’s personal consumption expenditures (PCE) report and next week’s busy economic calendar, including a highly anticipated August employment report and the Institute for Supply Management Purchasing Managers’ Index manufacturing and services survey data.