We exported $660 billion of services, while importing about $448 billion for a trade surplus on services of nearly $213 billion. We are also creating jobs - and relatively high paying ones - in the service sector. [...]
The Portfolio Compass provides a snapshot of LPL Financial Research’s views on equity & alternative asset classes, the equity sectors, and fixed income. This biweekly publication illustrates our current views and will change as needed over a three- to 12-month time horizon. Download it free: LPL Portfolio Compass Aug 2013
Download the Mid-Year Outlook: Download the LPL Mid-Year Outlook 2013 (Abridged Version 4 pages) Unabridged Version 20 pages (Send us an email and we'll send it along to you)
Shouldn’t it be rising with all this bond buying? Consumer inflation just hit a 50-year low. So indicates the Federal Reserve’s preferred inflation gauge – the Personal Consumption Expenditures (PCE) price index maintained by the Bureau of Economic Analysis.1 Besides tracking consumer inflation, the PCE price index measures household purchases, a major factor in GDP [...]
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