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10-Year Breakeven Rate
At Least One Rate Hike
Total Gross Domestic Product (GDP)
S&P 500 Index Operating Margin (Right Scale)
Average and Median Gross Domestic Product (GDP) Changes by Quarter This Cycle
Year-over-Year Change in LEI
Fed Funds Rate
Source: LPL Research, Conference Board 05/23/19
LEI = The Conference Board's Leading Economic Index
RES 20550 0519 | For Public Use | Tracking #1-856436 (Exp. 05/20)
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Any economic forecasts set forth in the presentation may not develop as predicted.
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