Judgment Day
Market Commentary Highlights...
- The events predicted for the purported Judgment Day, this past Saturday, did not come to pass. Nevertheless, early last week market participants acted as if the end was near.
- As we pass judgment on the recent market and economic performance, we find the evidence to be much less than apocalyptic.
- The most important conditions are much better now than a year ago and, as investor sentiment rebounds, we expect commodity prices to rise after the sharp pullback over the past several weeks.
Lincoln Savings Bank and LSB Financial are pleased to provide the above Economic Commentary for the week of May 23, 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
Labels: commodity prices, investor confidence, LSB, LSB Financial, market, market performance
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