A Recession of Confidence
Market Commentary Highlights...
- Rather than an economic recession, we seem to be experiencing a confidence recession.
- In contrast to the pronounced lack of any recession readings in the U.S. economic data last week, the readings on sentiment were uniformly weak as they priced in a recession.
- There are several events here and abroad in the next week or two that may provide the stimulus needed to turn around this confidence recession.
View the entire economic Commentary
Lincoln Savings Bank and LSB Financial are pleased to provide the above Market Commentary for the week of August 22, 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 at www.mylsb.com/investments/commentary.aspx
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