America’s Latest Pastime
Market Commentary Highlights...
- The attraction of a summer day at the ballpark endures, but it is no longer the most common topic of conversation during these early days of summer. The boys of summer are taking a backseat to the Dogs of the Dow.
- After six weeks of market declines, totaling almost 7%, as measured by both the Dow and the S&P 500, we believe we are the middle innings of this pullback with a few left to go.
- The good news is that we do not expect this pullback to extend into extra innings and, despite the tough season, stocks are likely to have a winning year.
Lincoln Savings Bank and LSB Financial are pleased to provide the above Economic Commentary for the week of June 13, 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: dow, LSB, LSB Financial, market decline, market performance
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