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Early Thoughts on 2022 from LPL ResearchSubmitted by Frye Financial Center on October 12th, 2021
With the fourth quarter underway—historically the best quarter for stocks, by the way—2022 is fast approaching. While a lot can still happen between now and the end of 2021, we don’t think it’s too early to start thinking about what stocks might do next year. We see a favorable economic environment for stocks in 2022, consistent with prior mid-cycle expansion years and bolstered by continued earnings growth. The gains may not come easy, however, with a number of risks such as COVID-19-related supply chain disruptions, inflation, and higher interest rates. "It’s not too early to start thinking about 2022. Prospects for above-average economic growth and further earnings gains next year point to potentially another good year for stock investors," says Jeff Buchbinder, CFA, Equity Strategist, LPL Financial. Read more.