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A Test for The Markets’ Momentum
Market Commentary Highlights...
Investor confidence is high. Last week, stocks reached new post-recession highs as investors were the most bullish in nearly four years.
The high expectations for this week’s U.S. economic data leave room for disappointment.
Beyond the economic data, the markets’ momentum may be tested by policy concerns
as it relates to the tax cut extensions European solvency issues, and the actions of the Federal Reserve (Fed).
While the events of this week may result in a pullback, any weakness in the markets should be viewed as a buying opportunity for those who are not fully invested. 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 December 13, 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
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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 Labels: investor confidence, Lincoln Savings Bank, Stock Highs, us economic data
High Hopes
Economic Commentary Highlights...- Expectations for this week’s United States economic data are high.
- The U.S. trade gap with China remains a political issue.
- Consumer balance sheet repair continues, as net worth continues to improve.
Lincoln Savings Bank and LSB Financial are pleased to provide the above Economic Commentary for the week of December 13, 2010. 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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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 Labels: China, consumer balance sheet, Economic Data Expectations, Lincoln Savings Bank, net worth improving, US Trade gap
Economic Commentary Highlights...- This is a quiet week for U.S. economic data as markets look elsewhere for direction.
- The November jobs report was a major disappointment, but inconsistent with other data on the economy.
- The Outlook for 2011: Neither bulls nor bears in 2011, we expect the economy and the markets will be range-bound in 2011.
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 December 6, 2010. 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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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 Labels: 2011 Outlook, Lincoln Savings Bank, November Jobs Report
Market Commentary Highlights...Last week, the markets were driven primarily by economic data as stocks and bond yields rose and the dollar fell.
This week, in the absence of any high-profile economic data, markets are likely to be driven by policy headlines, which are not likely to be as favorable for investors.
The policy headlines that markets are likely to be driven by include: the debate over extending the Bush tax cuts, the ongoing troubles in the eurozone (including Ireland voting on its 2011 budget), the effectiveness of QE2 before the Fed’s next meeting on December 14, and China may implement another rate hike ahead of the release of the inflation data.
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 December 6, 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
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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 Labels: bond Yields, Bush Tax Cuts, Economic Data, eurozone, Lincoln Savings Bank
Black Friday Has Investors Seeing Green
Market Commentary Highlights... - Asking what Black Friday means for the stock market has the relationship backwards; it is the gain in the stock market this quarter that bodes modestly well for retail sales this holiday season.
- While Black Friday tells us little about how stocks might behave, there is a very consistent relationship between stock market performance in the months leading up to the holiday season and the gain in retail sales in the fourth quarter. This year, the performance of stocks in October and November points to a low-single-digit gain for holiday retail sales.
- Stocks, particularly those of the retailers, have reflected the improving consumer incomes and balance sheets and now sales may begin to reflect the release of pent-up demand. This may create a positive feedback loop, supporting job and economic growth in 2011.
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 29, 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 Labels: Black Friday, Retail Sales, Retail Stocks, stock market
December Data Deluge
Economic Commentary Highlights... - A deluge of key economic events awaits market participants returning from the long Thanksgiving weekend.
- The November jobs report is likely to highlight an improving job market.
- The consumer is in focus as the holiday shopping season kicks off.
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 November 29, 2010. 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### 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.comLabels: Economic Events, Holiday Shopping, Job Market, Lincoln Savings Bank, November Jobs Report
LSB Holiday Open Houses!
Season's Greetings! The staff at Lincoln Savings Bank (LSB) and LSB Financial wish you a joyous holiday season and a prosperous New Year! We invite you to stop by your local LSB branch for their annual holiday open house. Click the branch name for address and contact information.
Friday, December 10, 2010 Friday, December 17, 2010 Labels: holiday, Lincoln Savings Bank, LSB Financial, open house
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