Lowered Expectations
Economic Commentary Highlights...
- Over the past four weeks, only 25% of economic reports in the United States beat expectations.
- This week, Fed Chairman Bernanke is likely to continue to prod Congress to put the United States on a sounder fiscal footing.
- One of the under appreciated stories in the economy over the past several years has been the recovery in consumer net worth.
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: consumer recovery, economic reports, Fiscal Policy, LSB, LSB Financial
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