Market Commentary Highlights...

The turmoil and change in leadership in Egypt meant little for most stock, bond, and commodity markets. However, Egypt provided an example of the unrest that can be fueled by rising food prices.

What seemed to be a world locked into one unified global business cycle a year ago is becoming more and more decoupled as each market classified by type, size, country, and sector show differing reactions to the return of inflation and the rise in interest rates.

The theme of reflation is becoming a dominant one for 2011 and may in fact be the true revolution taking place for investors as it defines the performance of all markets so far this year. We expect reflation to remain a key theme for all of 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 February 14, 2011. 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

Economic Commentary Highlights...

• At least 25 central banks around the globe are raising rates? Why?
• U.S. consumers feeling the pinch of higher meat, dairy and fuel prices.
• Another skirmish in the battle of the budget will occur this week as President Obama releases his budget for fiscal year 2012. Will there be a winner?

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 February 14, 2011. 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

Economic Commentary Highlights...

• A typically quiet post-employment report week for United States economic data lies ahead.
• Federal Reserve Chairman Ben Bernanke is in the hot seat this week in Congress.
• The January employment report was stronger than the headline indicated amid weather distortions.

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 February 7, 2011. 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

Market Commentary Highlights...

As the 10-year Treasury yield approaches 4%, investors are beginning to wonder when rising interest rates may start to negatively affect stock prices.

While rising interest rates may eventually pose a problem for stocks as the mountain of debt and rising commodity prices build, the tipping point of 5% is still a significant distance away.

In the meantime, rising yields are good news for stocks.

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 February 7, 2011. 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. http://www.mylsb.com

Market Commentary Highlights...

The riots in Egypt were the catalyst for a stock market that was already vulnerable to give up some gains from overbought conditions and some disappointing corporate earnings reports.

While we expect the spillover in the region to be contained, we also expect more geopolitical event-driven volatility in 2011.

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Lincoln Savings Bank and LSB Financial are pleased to provide the above Market Commentary for the week of January 31, 2011. 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. http://www.mylsb.com

Economic Commentary Highlights...

• A busy week for economic data and policy in the United States and abroad.
• Will the rise in energy prices short circuit the recovery?
• January jobs report likely to be impacted by weather, revisions.

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 January 31, 2011. 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