Weekly Market and Economic Commentaries
June 30, 2010 -- Lincoln Savings Bank and LSB Financial are pleased to provide the following Market and Economic Commentaries for the week of June 28, 2010. The commentaries are prepared by LPL FINANCIAL RESEARCH, the broker-dealer partner for Lincoln Savings Bank and LSB Financial.
Market Commentary Highlights...
- Watching the stock market lately has been like
watching a very long tennis match with a lot of
back and forth with little progress.
- While some data has pointed to a successful transition from recovery to sustained growth,
other data has tilted toward renewed weakness and a double-dip recession, keeping investors on the edge of their seats as they react to every data point served up.
- In the match featuring sustained growth against a double-dip recession, we give the advantage to growth.
Read the full market commentary text.
Economic Commentary Highlights...
- The June employment report is due out at the end of this busy week for economic and policy events. Census workers will once again distort the report.
- Last week was a desultory week for economic news and policy events as Congress failed to extend unemployment insurance benefits.
Read the full economic commentary text.
The above market commentaries and others like it can be found on the Commentary page under the Investments section of this site.
177 KB)
