How Much Further Will This Slide Go? | LPL Market Signals
LPL Research share their thoughts on how far this latest pullback might go. They also provide an update on the housing market, discuss rising recession risks in Europe, and preview the Federal Reserve’s Jackson Hole symposium later this week. Chapters: 00:00 - Intro 00:37 - Agenda 01:26 - How Much Further Might This Slide Go? 01:53 - S&P 500 Rally Lost Steam Conveniently at Its 200-Day Moving Average 04:22 - S&P 500 Performance Has Been Excellent Historically After Surging Breadth 06:01 - 2011 Comparison is Instructive 08:16 - Housing Update 08:54 - Existing Home Sales Plummeted As Rates Rose…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.