Market Commentary Highlights...
The "currency war" is unlikely to end anytime soon. It will take evidence of significantly stronger growth or a rise in inflation and interest rates to put an end to quantitative easing in the United States.
The most likely outcomes of the currency war include more monetary stimulus around the world and increasing measures by emerging market countries to close their doors to inflows of capital.
Emerging markets benefit from the greater global demand created by stimulative monetary policy, the rising value of their commodity-based exports, and the appreciation of their currency boosts dollar-based investment returns.Read the entire Market Commentary
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Lincoln Savings Bank and LSB Financial are pleased to provide the above Market Commentary for the week of October 25, 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