The Final Voyage of QE2
Market Commentary Highlights...
- As the grand ocean liner the QE2 embarked on her final voyage, she ran aground on a sandbank near the Isle of Wight.
- Might the markets run aground on unseen risks as the Fed’s flagship QE2 program comes to its finish at the end of June?
- We do not think so, the economy is much better equipped to handle unseen risks than after the end of QE1.
- The real issue for the post-QE2 environment may be the financial position of the United States and the outlook for fiscal, rather than monetary, policy.
Lincoln Savings Bank and LSB Financial are pleased to provide the above Economic Commentary for the week of May 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
Labels: Federal Reserve, Fiscal Policy, LSB, LSB Financial, Monetary Policy, mylsb, QE2
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