Economic Soft Spot May Soon Firm Up
Market Commentary Highlights...
If history is any guide, the disappointingly soft economic data over the past few months may soon begin to firm.
Looking back over the past 60 years, about one year after the start of every recovery a soft spot emerges.
Some closely watched indicators of growth are likely to be near the bottom of their typical soft spot-driven decline and poised for a rebound.
As the data begins to firm in the coming months, the stock market may mount a fourth quarter rally achieving the modest single-digit returns we have forecast for 2010.Read the entire Market Commentary.
Lincoln Savings Bank and LSB Financial are pleased to provide the above Market Commentary for the week of August 23, 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. http://www.mylsb.com/