LPL Financial Research Midyear Outlook 2023: The Path Toward Stability
Our 2023 investing outlook started with a theme of returning to normalcy. Considering 2022’s
market volatility and the aftereffects of the pandemic, the idea of finding balance was certainly a
welcomed change. It’s a theme we could all embrace six months ago and what we will continue
to rally around through year-end. That’s not to say that 2023 hasn’t come with its own set of
challenges. We saw two regional banks fail in rapid-fire succession in March—and another
closed its doors in May. Collectively representing over $530 billion in assets, the trio ranks as
the second, third, and fourth largest bank failures to date. We also held our breath as a last
minute deal to raise the debt limit came together as the clock ticked closer to default. Despite
the market gyrations these events caused and a banking sector still on tenterhooks, the overall
financial system seems stable.
The insights in LPL Research’s Midyear Outlook 2023: The Path Toward Stability will help
position investors, along with guidance from their financial professional, to achieve their goals
by providing guidance and actionable insights as the second half of 2023 unfolds.
This material is for general information only and is not intended to provide specific advice or recommendations for
any individual. The economic forecasts may not develop as predicted. Please read the full MIDYEAR OUTLOOK
2023: The Path Toward Stability publication for additional description and disclosure. This research material has been
prepared by LPL Financial LLC.
Tracking # 1-05371105 (Exp. 06/24)