Resisting Recession
Economic Commentary Highlights...
•Progress toward a resolution of Europe’s fiscal issues, a long-term solution to our own “fiscal cliff,” and a reinvigorated Chinese economy could help the U.S. economy reaccelerate.
•We continue to forecast 2% gross domestic product (GDP) growth for 2012.
•We still expect the Fed to boost the economy with a third round of quantitative easing (QE3) before year-end.
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 July 30, 2012. 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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Labels: china economy, economic commentary, economy, european crisis, Fed, fiscal issues, GDP, Lincoln Savings Bank, LSB, LSB Financial, mylsb, Quantitive Easing (QE)
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