0
0.175
IMPORTANT DISCLOSURES
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0.17
0.155
0.15
%
%
0.16
Fed Funds Rate (Upper Bound)
SPX Index 0.1572
4
Source: LPL Research, Federal Reserve 07/31/19
Recession
'03
'01
'19
5
6
7
S&P 500 Index Average Monthly Returns
'07
'05
'13
'09
'15
'11
3
1
2
0
'17
Recessions
Recessions
IMPORTANT DISCLOSURE
RES-40551-0719 | For Public Use | Tracking #1-878507
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. All performance referenced is historical and is no guarantee of future results. All indexes are unmanaged and cannot be invested into directly.
Investing involves risk including loss of principal.
Economic forecasts may not develop as predicted.
All information is believed to be from reliable sources; however, LPL Financial makes no representation as to its completeness or accuracy.
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