Following the Path
Market Commentary Highlights...
- The stock market, measured by the S&P 500, has posted a high single-digit gain for the year, and the S&P 500 index is around 1,350. Sound familiar? It should. It is exactly what happened last year.
- Last year, stocks shed their gains for the year over the weeks following the run-up into the President's Day holiday.
- While we do not believe the S&P 500 has reached its high for the year, the index may be due for a modest pullback, driven by a combination of: stalling earnings growth, mounting fiscal headwinds, and European debt and economic concerns resurfacing.
View the entire Market Commentary
Lincoln Savings Bank and LSB Financial are pleased to provide the above Market Commentary for the week of February 21, 2012. 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
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.comSecurities and Insurance products offered through LPL Financial and its affiliates, member FINRA / SIPC.
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