Market Commentary Highlights...
The return of volatility to gold and emerging market stock prices has raised a question among some market participants: is the relentless climb pushing gold and emerging market stock prices into bubble territory? We do not think so. If they are bubbles they still have a long way to inflate before they burst, based on history.
While not in historical bubble territory, gold prices and emerging markets do have risks.
If gold and emerging market stocks continue to track the bubble pattern they have reached the
stage of the pattern where volatility picks up and sudden, sharp moves become more common as the bubbles inflate and risks build.Read the entire Market Commentary
. (pdf format)
Lincoln Savings Bank and LSB Financial are pleased to provide the above Market Commentary for the week of November 15, 2010. The commentary is prepared by LPL FINANCIAL RESEARCH, the broker-dealer partner for Lincoln Savings Bank and LSB Financial. This commentary and others like it can be found at www.mylsb.com/investments/commentary.aspx
###This information is being provided by Lincoln Savings Bank (LSB) / LSB Financial, an Iowa-based institution devoted to providing complete financial services since 1902. www.mylsb.com