Global Portfolio Strategy

The Strategic and Tactical Asset Allocation Committee (STAAC) continues to recommend a slight overweight to equities versus bonds.

LPL Research continues to recommend a slight overweight to equities versus bonds as still-solid fundamentals outweigh pressure on valuations.

LPL Research continues to favor cyclical sectors in general for 2021 based on the early cycle stage of the economic expansion.

LPL Research continues to believe that tactical investors should tilt portfolios in favor of stocks over bonds relative to their respective targets.

LPL Research expects solid economic and earnings growth to help U.S. stocks deliver solid gains in 2022.