LPL Research Presents: 2024 Midyear Outlook 

LPL Research's "2024 Midyear Outlook: Still Waiting for the Turn" provides fresh insights into key economic and market dynamics that may impact investment portfolios. The economy has shown resilience with surprising consumer spending and varying degrees of interest rate sensitivity across sectors. However, there are signs of a pending slowdown anticipated to commence in the latter half of 2024, driven by reduced consumer spending, a softer labor market, and shifting Federal Reserve policy. Resilient economic data points indicate a moderated economic slowdown ahead, with contained inflation and potential rate cuts by the Fed anticipated due to rising unemployment and slower growth.