Outlook 2020 Hindsight is 20/20, but finding clarity in future uncertainty can be fuzzy. The LPL Research Outlook 2020: Bringing Markets Into Focus, is here to provide investment insights as well as economic and market guidance to help us navigate 2020.The LPL Research team expects the U.S. economy to continue to grow in 2020 and support gains for stocks, although they are increasingly mindful of our position in the business cycle. At some point in the future this record-long expansion will come to a close, leaving investors wondering what’s next. Against this backdrop questions about the next potential recession and the 2020 U.S. presidential election continue to be top of mind for many investors. While we can’t see into the future, one thing we can predict is that uncertainty in the markets is here to stay. And we are here to help. We offer our Outlook 2020, your guide to preparing for this dynamic—yet uncertain—market environment.View the complete publication, featuring insightful commentary, economic and market guidance, and more details on these themes and our investment recommendations.IMPORTANT DISCLOSURES: The opinions, statements and forecasts presented herein are general information only and are not intended to provide specific investment advice or recommendations for any individual. To determine which investment(s) may be appropriate for you, please consult your financial professional prior to investing. Any forward looking statements including the economic forecasts may not develop as predicted and are subject to change based on future market and other conditions. All performance referenced is historical and is no guarantee of future results. All information is believed to be from reliable sources; however, LPL Financial makes no representation as to its completeness or accuracy.Investing involves risks including possible loss of principal. No investment strategy or risk management technique can guarantee return or eliminate risk in all market environments. Diversification does not protect against market risk. Investing in foreign and emerging markets debt or securities involves special additional risks. These risks include, but are not limited to, currency risk, geopolitical risk, and risk associated with varying accounting standards. Investing in emerging markets may accentuate these risks.This research material has been prepared by LPL Financial LLC.