A More Durable Rally
Market Commentary Highlights...
- There are several reasons why this stock market rally may be more durable than those that preceded it in recent months.
- It is possible that the substantial developments in Europe are taking the fear of a repeat of the financial crisis of 2008 off the table and solid economic data in the United States is taking the fear of a double dip recession off the table.
- Other signs that this rally may be more durable include: global cyclical sector leadership, declining European "TED spread", and the rising yield on the 10-year Treasury note.
View the entire economic Commentary
Lincoln Savings Bank and LSB Financial are pleased to provide the above Market Commentary for the week of October 17, 2011. 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
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