Lpl Financial Holdings Inc. · NASDAQ:LPLA
Lpl Financial — Investor Presentation (April 2025)
26 slides from Lpl Financial's investor presentation, Apr 8, 2025
Slide 1: LPL Market Signals
LPL Market Signals Listen to the New Episode Now! Member FINRA/SIPC
Slide 2: Important Disclosures
Important Disclosures 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 ri
Slide 3: Agenda
Agenda 1. Market Recap: Tariffs Drive Stocks Into Bear Market 2. Tariff Turmoil: Where Do We Go From Here? 3. Technical Analysis Signals to Watch for Signs of a Turnaround 4. Are Bond Markets Signaling Recession? 5. Week Ahead: Follow the Tariff Headlines Member FINRA/SIPC 3
Slide 4: Market Recap
Market Recap Tariffs Drive Stocks to Near Bear Market Levels Member FINRA/SIPC
Slide 5: Market Performance
Market Performance GLOBAL CAPITAL MARKET RETURNS x Price 5-Day 3-Mo. YTD 1-Yr. Price 5-Day 3-Mo. YTD 1-Yr. ($) (%) (%) (%) (%) ($) (%) (%) (%) (%) Domestic Equity Benchmarks (previous day) Global Equity Benchmarks (previous day) S&P 500 5,074.08 -9.1 -14.3 -13.4 -0.1 MSCI All-Country World 764.29 -7
Slide 6: Market Performance (Continued)
Market Performance (Continued) GLOBAL CAPITAL MARKET RETURNS Price 5-Day 3-Mo. YTD 1-Yr. Price 5-Day 3-Mo. YTD 1-Yr. ($) (%) (%) (%) (%) ($) (%) (%) (%) (%) Fixed Income (previous day) BBG=Bloomberg Commodity Indices (previous day) BBG=Bloomberg BBG U.S. Agg. Bond Index 2,269.79 1.1 3.8 3.7 6.4 BBG
Slide 7: Tariff Turmoil
Tariff Turmoil Where Do We Go From Here Member FINRA/SIPC
Slide 8: Trump Tariff Proposals Lift Rates to Highest Levels Since Great Depression
Trump Tariff Proposals Lift Rates to Highest Levels Since Great Depression Source: LPL Research, Bloomberg, Strategas Research, Evercore ISI Research, 04/03/25 Disclosures: Past performance is no guarantee of future results. Member FINRA/SIPC 8
Slide 9: Asian Countries are Tariff Losers; Latin America Relatively Unscathed
Asian Countries are Tariff Losers; Latin America Relatively Unscathed Source: LPL Research, whitehouse.gov, 04/03/25 Member FINRA/SIPC 9
Slide 10: USMCA Trade Deals Will Be Key to Softening the Blow
USMCA Trade Deals Will Be Key to Softening the Blow Percent of Total U.S. Imports by Country Source: LPL Research, Census Bureau, 04/04/25 Member FINRA/SIPC 10
Slide 11: Chart Check
Chart Check Technical Analysis Signals to Watch for Signs of a Turnaround Member FINRA/SIPC
Slide 12: S&P 500: Next Level of Support at April 2024 Low
S&P 500: Next Level of Support at April 2024 Low Source: LPL Research, Bloomberg, 04/07/25 Disclosures: All indexes are unmanaged and cannot be invested in directly. Past performance is no guarantee of future results. Member FINRA/SIPC 12
Slide 13: Breadth Measures Reach Washed-Out Levels
Breadth Measures Reach Washed-Out Levels Source: LPL Research, Bloomberg, 04/07/25 Disclosures: All indexes are unmanaged and cannot be invested in directly. Past performance is no guarantee of future results. Member FINRA/SIPC 13
Slide 14: Panic-Stricken VIX
Panic-Stricken VIX Source: LPL Research, Bloomberg, 04/07/25 Disclosures: All indexes are unmanaged and cannot be invested in directly. Past performance is no guarantee of future results. Any options referenced are being presented as a proxy, not as a recommendation. Member FINRA/SIPC 14
Slide 15: Sentiment and Positioning Extremes
Sentiment and Positioning Extremes Member FINRA/SIPC
Slide 16: Sentiment Reading Has Reached Extreme Pessimism
Sentiment Reading Has Reached Extreme Pessimism Source: LPL Research, Ned Davis Research, 04/04/25 Disclosures: All indexes are unmanaged and cannot be invested in directly. Past performance is no guarantee of future results. Member FINRA/SIPC 16
Slide 17: Retail Investors Have Been Surprisingly Sanguine
Retail Investors Have Been Surprisingly Sanguine Source: LPL Research, Vanda, 04/04/25 Disclosures: : All indexes are unmanaged and cannot be invested in directly. Past performance is no guarantee of future results. Member FINRA/SIPC 17
Slide 18: Record-Setting Volume Day on Friday
Record-Setting Volume Day on Friday Source: LPL Research, Bloomberg, 04/06/25 Disclosures: Past performance is no guarantee of future results. Indexes are unmanaged and cannot be invested in directly. Member FINRA/SIPC 18
Slide 19: Bond Market Outlook
Bond Market Outlook Still Relatively Calm Member FINRA/SIPC
Slide 20: 10-Year Treasury Yield
10-Year Treasury Yield Why Hasn’t it Fallen More? Source: LPL Research; Bloomberg 04/07/25 Disclosures: Past performance is no guarantee of future results. Member FINRA/SIPC 20
Slide 21: Global Bond Yields
Global Bond Yields Mostly Within a Range Source: LPL Research; Bloomberg 04/07/25 Disclosures: Past performance is no guarantee of future results. Member FINRA/SIPC 21
Slide 22: Change vs Level
Change vs Level Corporate Credit Spreads Are Wider But Still Not Very Wide Source: LPL Research; Bloomberg 04/07/25 Disclosures: All indexes are unmanaged and cannot be invested in directly. Past performance is no guarantee of future results. Member FINRA/SIPC 22
Slide 23: Stagflation Lite?
Stagflation Lite? Growth Expectations Are Falling While Inflation Expectations Are Rising Source: LPL Research, Bloomberg, FactSet 04/04/25 Disclosures: Past performance is no guarantee of future results. Real yields are inflation adjusted yields. Inflation expectations are based on the difference b
Slide 24: Week Ahead
Week Ahead All About Tariff Headlines Member FINRA/SIPC
Slide 25: Week Ahead: Data is a Sideshow to Tariff Headlines
Week Ahead: Data is a Sideshow to Tariff Headlines Source: LPL Research; Bloomberg, 04/07/25 Estimates may not materialize as predicted and are subject to change. Advisor Use Only | Not for Distribution to the Public Member FINRA/SIPC 25
Slide 26: Thank You for Joining
Thank You for Joining Member FINRA/SIPC
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