Weekly Market Commentary

1/23/23 A FEISTY BULL-BEAR DEBATE

Jeffrey Buchbinder, CFA, Chief Equity Strategist, LPL Financial
Quincy Krosby, PhD, Chief Global Strategist, LPL Financial J
effrey Roach, PhD, Chief Economist, LPL Financial
Adam Turnquist, CMT, Chief Technical Strategist 

 

The latest episode of the debate between stock market bulls and bears has gotten more interesting. For every valid point from one side, there’s an equally compelling argument on the other side. Perhaps the best reason for the debate is the uniqueness of this environment. The pandemic and its aftermath don’t come with a historical playbook. We haven’t been here before. So we’ll just recognize that the outlook is uncertain, weigh the pros and cons, glean what we can from the past, and give it our best shot. Call us cautious bulls. 

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