When Mega Caps Waver and Small Caps Surge

Kristian Kerr | Head of Macro Strategy Every market cycle has its own character, but certain patterns appear frequently enough that they deserve attention. This is especially true when evaluating early-year rallies in small caps. Market history offers several notable...

LPL Research’s 2026 Strategic Asset Allocation

Last Edited by: LPL Research Last Updated: February 23, 2026 PRINTER FRIENDLY VERSION LPL Research’s Strategic Asset Allocation (SAA) sits at the center of our portfolio construction process because it defines how we expect diversified portfolios to generate more...

Eight Takeaways from the Supreme Court’s Tariff Ruling

Jeff Buchbinder | Chief Equity Strategist Last Updated: February 20, 2026 On February 20, the U.S. Supreme Court ruled that the Trump administration’s tariffs issued under the International Emergency Economic Powers Act (IEEPA) are illegal. The ruling invalidates a...

From Bubble Fears to Disruption Risk: The New AI Market Narrative

From Bubble Fears to Disruption Risk: The New AI Market Narrative Last Edited by: LPL Research Last Updated: February 17, 2026 PRINTER FRIENDLY VERSION Wall Street narratives rarely stay still, and recent weeks have underscored how quickly sentiment can change as...