April 8, 2020Filed under: Weekly Market Commentary

MARKET BOTTOMING PROCESS CONTINUES

Burt White, Chief Investment Officer, LPL Financial Ryan Detrick, CMT, Senior Market Strategist, LPL Financial Jeffrey Buchbinder, CFA, Equity Strategist, LPL Financial

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Boone Wealth Advisors

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Stock market volatility has remained high as investors continue to closely track COVID-19 containment efforts while getting a glimpse into how damaging travel restrictions, stay-at-home orders, and social distancing have been on the US economy. We continue to watch for signs of a peak in new cases in the United States, which would allow investors to start thinking about a resumption of economic activity and a potentially powerful economic rebound in the second half of this year. In the meantime, stocks may revisit the March lows.

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