Broker Check
Street View: Midyear Outlook 2020

Street View: Midyear Outlook 2020

July 22, 2020

LPL Research released our Midyear Outlook 2020 last week, discussing the path of the eventual economic and market recovery.

What makes this year so incredible is, as of July 21, the S&P 500 Index moved positive for the year. “From down more than 30% for the year at the March lows to green for the year, 2020 has been a roundtrip like few years before it,” explained LPL Chief Market Strategist Ryan Detrick. “In fact, no year has ever been down 30% or more and finished in the green – could 2020 be the first?”

As shown in the LPL Chart of the Day, there have been only a handful of years down double digits during the year that still finished the year positive. 2020 could be the first to ever be down more than 30% and finish higher, but there’s a long way to go still.

View enlarged chart.

For more on Ryan’s take on the Midyear Outlook 2020, please watch the latest LPL Street View video below.



This material is for general information only and is not intended to provide specific advice or recommendations for any individual. There is no assurance that the views or strategies discussed are suitable for all investors or will yield positive outcomes. Investing involves risks including possible loss of principal. Any economic forecasts set forth may not develop as predicted and are subject to change.

References to markets, asset classes, and sectors are generally regarding the corresponding market index. Indexes are unmanaged statistical composites and cannot be invested into directly. Index performance is not indicative of the performance of any investment and do not reflect fees, expenses, or sales charges. All performance referenced is historical and is no guarantee of future results.

Any company names noted herein are for educational purposes only and not an indication of trading intent or a solicitation of their products or services. LPL Financial doesn’t provide research on individual equities. All information is believed to be from reliable sources; however, LPL Financial makes no representation as to its completeness or accuracy.

This Research material was prepared by LPL Financial, LLC.

Securities and advisory services offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC).

Insurance products are offered through LPL or its licensed affiliates.  To the extent you are receiving investment advice from a separately registered independent investment advisor that is not an LPL affiliate, please note LPL makes no representation with respect to such entity.

  • Not Insured by FDIC/NCUA or Any Other Government Agency
  • Not Bank/Credit Union Guaranteed
  • Not Bank/Credit Union Deposits or Obligations
  • May Lose Value

For Public Use – Tracking 1-05036046