Weekly Market Commentary

12/13/21 Economic Outlook 2022

Ryan Detrick, CMT, Chief Market Strategist, LPL Financial
Barry Gilbert, PhD, CFA, Asset Allocation Strategist, LPL Financial

We believe pent-up demand, gradual improvement in supply chain challenges, solid labor force
growth, and productivity gains will all contribute to another year of above-trend economic growth in
2022. COVID-19-related risks remain and the potential for a policy mistake may be elevated as the
economy moves towards normalization, but we think the overall environment will be supportive of
business growth and ultimately equity markets.