6
IMPORTANT DISCLOSURES
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5
1
%
-1
S&P 500 Index Performance After 15 Costliest US Hurricanes
Implied Probabilities for Fed Funds Rate Changes
* Puerto Rico
Source: LPL Research, NOAA 08/30/19
1998
2000
'15
12
Ned Davis Research Large Cap Growth/Value Equity Series Ratio
Sept 18
-2
20
25
2822
Recessions
20
2005
One Cut
0
-15
Oct 30
4
8
Dec 11
Months Preceeding
Months Following
First Fed Rate Cut
%
Three Cuts or More
Two Cuts
A rate cut is a 25 basis point (0.25%) reduction from the current upper bound fed funds rate of 2.25%.
1985
10
15
-20
March 2018: United States imposes the first round of tariffs on China.
'16
Jun
'17
Sept
'17
'17
Mar
'18
Jun
'18
'18
Dec
'18
Mar
'19
'19
4
3
2
0
30
5
%
1988
1990
1992
1995
1998
2001
2005
2010
2012
2013
2015
2016
1999
1997
S&P 500 Index Returns After Hurricane Formed
(adjusted for inflation)
* Puerto Rico
Source: LPL Research, NOAA 08/30/19
A rate cut is a 25 basis point (0.25%) reduction from the current upper bound fed funds rate of 2.25%.
IMPORTANT DISCLOSURES
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IMPORTANT DISCLOSURE
RES-40551-0719 | For Public Use | Tracking #1-889043
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.
Past performance is no guarantee of future results.
The Standard & Poor's 500 Index is a capitalization-weighted index of 500 stocks designed to measure performance of the broad domestic economy through changes in the aggregate market value of 500 stocks representing all major industries.
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This Research material was prepared by LPL Financial, LLC.
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