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/
Securities and Insurance products offered through LPL Financial and its affiliates, member FINRA / SIPC.
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Lincoln Savings Bank and LSB Financial are not registered broker/dealers, nor are they affiliated with LPL Financial. This site is designed for U.S. residents only. The services offered within this site are available exclusively through our U.S. Investment Representatives. LPL Financials U.S. Investment Representatives may only conduct business with residents of the states for which they are properly registered. Please note that not all of the investments and services mentioned are available in every state.
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