November 14, 2018:
May Unveils Brexit Deal
200-Day Simple Moving Average
Source: LPL Research, Bloomberg 01/17/19
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June 23, 2016:
Pound vs. U.S. Dollar
S&P 500 Index Intraday Price Range
Daily Close Was Higher Than Daily Open
Euro vs. U.S. Dollar
January 15–16, 2019:
Parliament Rejects Deal,
May Survives No-Confidence Vote
RES 69287 0119 | For Public Use | Tracking #1-814053 (Exp. 01/20)
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.
We take some liberty with the 20% bear market definition and count 19% drawdowns based on closing prices in this analysis. These drawdowns were 20% (”bear markets”) based on intraday prices.
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.”
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The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investment(s) may be appropriate for you, consult your financial advisor prior to investing.
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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