Source: LPL Research, S&P Dow Jones Indexes, Ned Davis Research 08/21/19
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First Fed Rate Cut with Recession in Next Year
SPX Index 0.1572
First Fed Rate Cut with No Recession in Next Year
First Fed Rate Cut
Ned Davis Research Large Cap Growth/Value Equity Series Ratio
Index performance normalized to 100 at first Fed rate cut. An upward sloping line indicates growth stocks outperforming value stocks.
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Ned Davis Research Large Cap Growth and Value Indexes.
Index performance normalized to 100 at first Fed rate cut. An upward sloping line indicates growth stocks outperforming value stocks.Past performance is no guarantee of future results.
This Research material was prepared by LPL Financial, LLC.
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