Risk
Will Red Sea Attacks on Cargo Ships Spark Inflation?
Only to a minor degree, says LPL Financial—goods prices already are low, so there’s a cushion.
Only to a minor degree, says LPL Financial—goods prices already are low, so there’s a cushion.
While the armadas of container ships waiting for berths have shrunk, other problems lurk for cargo transport.
Projected S&P 500 profits rose just 6.7% in the second quarter, and even slower results are ahead. Not good for stocks, the firm contends.
The outlook for profits, valuations and the Fed are dispiriting, says a study from the asset manager.