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Source: LPL Research, Bureau of Labor Statistics 01/04/19
Average Wage Growth Before Recession: 4.1%
% Stocks in S&P 500 Above 50-Day Moving Average (Right Scale)
Year-over-Year Average Hourly Earnings Growth
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This research material has been prepared by LPL Financial LLC.To the extent you are receiving investment advice from a separately registered independent investment advisor, please note that LPL Financial LLC is not an affiliate of and makes no representation with respect to such entity.
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The economic forecasts set forth in the presentation may not develop as predicted and there can be no guarantee that strategies promoted will be successful.
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Economic recessions noted are from the National Bureau of Economic Research, which defines a recession as “a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.”