A Fiscal New Year's Resolution
Market Commentary Highlights...
- The new fiscal year likely brings another trillion in U.S. federal debt to add to the mounting total.
- Federal debt held by the public has doubled from five years ago, before the financial crisis and Great Recession.
- The big buyers of federal debt have been foreigners; further dependence on foreign demand may continue to weaken the dollar and benefit precious metals.
View the entire Market Commentary (pdf format)
Lincoln Savings Bank and LSB Financial are pleased to provide the above Market Commentary for the week of October 1, 2012. The commentary is prepared by LPL FINANCIAL RESEARCH, the broker-dealer partner for Lincoln Savings Bank and LSB Financial. The above commentary and others like it can be found here.
This information is being provided by Lincoln Savings Bank (LSB) / LSB Financial, an Iowa-based institution devoted to providing complete financial services since 1902. http://www.mylsb.com/
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