Back in December LPL Financial Research published their outlook on how the markets would forge ahead, falter, or sharply rebound. LPL Financial's most likely scenario, the base case, has proven to be on track. But what can we expect for the latter of 2009? Will the base case unfold, or are there factors that could derail it? With six months of experience behind us, we now offer you our perspective on how our base case is tracking, and what new opportunities and challenges lie ahead.

To read the rest of the Mid-Year Outlook 2009, click here to download it now.

This research material was prepared by LPL Financial, Member FINRA/SIPC.

The opinions voiced in this material are for general information only and are not intended to provide or be construed as providing specific investment advice or recommendations for any individual security. To determine which investments may be appropriate for you, consult your financial advisor prior to investing. All performance referenced is historical and is no guarantee of future results. All indexes are unmanaged and cannot be invested into directly.

Economic forecasts set forth may not develop as predicted and there can be no guarantee that strategies promoted will be successful.

The S&P 500 Index is a capitalization-weighted index of 500 stocks designed to measure performance of the broad domestic economy through changes in the aggregate market value of 500 stocks representing all major industries.

All investing involves risk including loss of principal.

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