0
0.175
IMPORTANT DISCLOSURES
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0.17
0.155
2.0
%
%
1.0
12-Month Change in Nonfarm Productivity
SPX Index 0.1572
Source: LPL Research, Bureau of Labor Statistics 08/15/19
1998
2000
50
0
'11
'19
8
S&P Performance +12 Months Forward Following 2/10 Curve Inversion
150
100
'10
'09
'12
200
-2
250
4
6
2822
2740
10
2005
Average For All Years
2
0
'13
'14
'15
'16
'17
'18
IMPORTANT DISCLOSURE
RES-40551-0719 | For Public Use | Tracking #1-883901
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.
MEMBER FINRA/SIPC
This Research material was prepared by LPL Financial, LLC.
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