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
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