Lame Duck Could Move Markets
Market Commentary Highlights...
While the major headlines are out of the way, what happens in Washington during the
remainder of the year will still hold influence over the markets.
The most important item facing Congress is the looming expiration of the Bush tax cuts. We expect an extension of the tax cuts (including the dividend tax cut) will be passed before the end of the year.
Last week's performance may be a sign that investors may begin to migrate from high-yield bonds toward high dividend-paying stocks, possibly ending the U.S. equity buyers strike.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 8, 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