posted on Friday, July 25, 2014
During the latest week, the index was dragged down by lower retail sales, through partially offset by a pickup in shipping traffic following the holiday-impacted weakness during the prior week.
On Friday, July 25, 2014, Lincoln Savings Bank (LSB) was made aware of a phone scam in our communities. Fraudsters posing as Lincoln Savings Bank attempt to get debit card information over the phone. This is a SCAM.
posted on Thursday, July 24, 2014
Current weakness in the high-yield bond market is the most notable since January 2014 but modest when viewed in historical context.
posted on Wednesday, July 23, 2014
If a tax holiday is enacted and the repatriated funds by multinational corporations are used to buy
back shares or retire debt, it could potentially act as a very potent market stimulus equivalent to the height of the Fed's QE3.
The latest edition of the Fed's Beige Book indicates that the negative headwinds that have held the U.S. economy back over the past seven years may be declining.
posted on Thursday, July 17, 2014
We do not expect the municipal bond market to repeat first half strength over the second half of 2014.
Over the past week, the LPL Financial Current Conditions Index (CCI) rose slightly to 273.
posted on Wednesday, July 16, 2014
A common worry among investors is that the stock market may fall as the Fed gets closer to hiking
rates. In fact, the S&P 500 has posted a gain in the 12 months ahead of the first rate hikes over the past 35 years.
posted on Tuesday, July 15, 2014
Global GDP growth in 2014 remains on track to accelerate versus 2013's pace, excluding the impact of the weather.
posted on Monday, July 14, 2014
Lincoln Savings Bank continues to be a sponsor for the annual Iowa Irish Fest.
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