Economic Commentary Highlights...
- We've had QE1, QE2, and Operation Twist, but last week the Fed announced QE Forever (or what we call open-ended QE).
- QE will create jobs indirectly, as we should likely see a weaker dollar, lower corporate borrowing costs, and more housing construction.
- The Fed is probably looking for sustained job creation in the 150,000 to 250,000 per month range before it considers discontinuing QE.
View the entire economic commentary (pdf format)
Lincoln Savings Bank and LSB Financial are pleased to provide the above Economic Commentary for the week of September 17, 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 at www.mylsb.com/investments/commentary.aspx
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