How Much Further Will This Slide Go? | LPL Market Signals

Market Signals by LPL Financial · Aug 23, 2022 · 33m

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…