08/30/12 Election Poll Highlights...

• In the past week ending Wednesday, the LPL Financial “Wall Street” Election Poll Index demonstrated a modest shift back toward Democrats. The index has remained mostly range-bound in recent months, largely sustaining the shift toward Democrats seen earlier in the summer.
• Over the past week, the overall market was flat. Most of the Democrat-favored industries produced modest gains last week, while most of the Republican favored industries suffered losses including a steep loss for Coal Producers.

View the entire Election Poll (pdf format)
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Lincoln Savings Bank and LSB Financial are pleased to provide the above Election Poll for the week of August 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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This information is being provided by Lincoln Savings Bank (LSB) / LSB Financial, an Iowa-based institution devoted to providing complete financial services since 1902. http://www.mylsb.com/

Securities and Insurance products offered through LPL Financial and its affiliates, member FINRA / SIPC.
Not FDIC Insured, No Bank Guarantee, May Lose Value
Not a Deposit, Not Insured by any Federal Government Agency

Lincoln Savings Bank and LSB Financial are not registered broker/dealers, nor are they affiliated with LPL Financial. This site is designed for U.S. residents only. The services offered within this site are available exclusively through our U.S. Investment Representatives. LPL Financials U.S. Investment Representatives may only conduct business with residents of the states for which they are properly registered. Please note that not all of the investments and services mentioned are available in every state.

Economic Commentary Highlights...

• The July 2012 employment report was better than washed-out expectations, but still weak. More robust hiring may resume when uncertainties around the fiscal cliff, Europe, and China begin to lift. 
• Personal income growth is probably the best indicator of the health of the labor market, and it remains tepid, suggesting a steep hill to climb for incumbents in the upcoming elections. 
• Outside of the employment report, most measures of labor market health tell a similar picture: modest improvement.

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 August 28, 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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This information is being provided by Lincoln Savings Bank (LSB) / LSB Financial, an Iowa-based institution devoted to providing complete financial services since 1902. http://www.mylsb.com/

Securities and Insurance products offered through LPL Financial and its affiliates, member FINRA / SIPC.
Not FDIC Insured, No Bank Guarantee, May Lose Value
Not a Deposit, Not Insured by any Federal Government Agency

Lincoln Savings Bank and LSB Financial are not registered broker/dealers, nor are they affiliated with LPL Financial. This site is designed for U.S. residents only. The services offered within this site are available exclusively through our U.S. Investment Representatives. LPL Financials U.S. Investment Representatives may only conduct business with residents of the states for which they are properly registered. Please note that not all of the investments and services mentioned are available in every state.

08/23/12 Election Poll Highlights...

• In the past week ending Wednesday, the LPL Financial “Wall Street” August 23, 2012 Election Poll index demonstrated a modest shift toward Republicans. However, the index has largely sustained the shift toward Democrats seen earlier in the summer.

• Over the past week, the overall market was down slightly. Most of the Democrat-favored industries suffered losses last week, while most of the Republican-favored industries posted gains including strong performance for the Coal Producers and Diversified Financials.

View the entire Election Poll (pdf format)

08/02/12 Election Poll Highlights...

•In the past week ending Wednesday, the LPL Financial “Wall Street” Election Poll index reflected a shift toward Republicans. After a surge for the Democrats in June, July has seen stabilization in the trend.
•Over the past week, the overall market rose. Solid gains in the Republicanfavored Telecom and Energy-related industries offset losses in Managed Care. Declines in the Construction Materials industry group and underperformance of Homebuilders contributed to smaller gains overall for the Democrat-favored industries.

View the entire Election Poll (pdf format)
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Lincoln Savings Bank and LSB Financial are pleased to provide the above Election Poll for the week of August 2, 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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This information is being provided by Lincoln Savings Bank (LSB) / LSB Financial, an Iowa-based institution devoted to providing complete financial services since 1902. http://www.mylsb.com/

Securities and Insurance products offered through LPL Financial and its affiliates, member FINRA / SIPC.
Not FDIC Insured, No Bank Guarantee, May Lose Value
Not a Deposit, Not Insured by any Federal Government Agency

Lincoln Savings Bank and LSB Financial are not registered broker/dealers, nor are they affiliated with LPL Financial. This site is designed for U.S. residents only. The services offered within this site are available exclusively through our U.S. Investment Representatives. LPL Financials U.S. Investment Representatives may only conduct business with residents of the states for which they are properly registered. Please note that not all of the investments and services mentioned are available in every state.

Economic Commentary Highlights...

•The July 2012 employment report was better than washed-out expectations, but still weak. More robust hiring may resume when uncertainties around the fiscal cliff, Europe, and China begin to lift.

•Personal income growth is probably the best indicator of the health of the labor market, and it remains tepid, suggesting a steep hill to climb for incumbents in the upcoming elections.

•Outside of the employment report, most measures of labor market health tell a similar picture: modest improvement.

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 August 7, 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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This information is being provided by Lincoln Savings Bank (LSB) / LSB Financial, an Iowa-based institution devoted to providing complete financial services since 1902. http://www.mylsb.com/

Securities and Insurance products offered through LPL Financial and its affiliates, member FINRA / SIPC.
Not FDIC Insured, No Bank Guarantee, May Lose Value
Not a Deposit, Not Insured by any Federal Government Agency

Lincoln Savings Bank and LSB Financial are not registered broker/dealers, nor are they affiliated with LPL Financial. This site is designed for U.S. residents only. The services offered within this site are available exclusively through our U.S. Investment Representatives. LPL Financials U.S. Investment Representatives may only conduct business with residents of the states for which they are properly registered. Please note that not all of the investments and services mentioned are available in every state.

Market Commentary Highlights...

•As professional investors generally have maintained an outlook for gains this year, individual investors seem to be plagued by distrust in the financial system and continue to sell stocks.
•One of the reasons investors were able to get over the scandals and shocks to the market in prior decades relatively quickly was that investors were focused more on long-term results than they are today.
•Investor time horizons have contracted from three to five years* a few decades ago to less than six months today, making short-term market moving events and volatility a bigger negative factor for individual investors.

View the entire Market Commentary (pdf format)

Lincoln Savings Bank and LSB Financial are pleased to provide the above Market Commentary for the week of August 7, 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 here.

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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. http://www.mylsb.com/

Securities and Insurance products offered through LPL Financial and its affiliates, member FINRA / SIPC.
Not FDIC Insured, No Bank Guarantee, May Lose Value
Not a Deposit, Not Insured by any Federal Government Agency

Lincoln Savings Bank and LSB Financial are not registered broker/dealers, nor are they affiliated with LPL Financial. This site is designed for U.S. residents only. The services offered within this site are available exclusively through our U.S. Investment Representatives. LPL Financials U.S. Investment Representatives may only conduct business with residents of the states for which they are properly registered. Please note that not all of the investments and services mentioned are available in every state.

•Over the past week, the LPL Financial Current Conditions Index (CCI) dropped back to 234. The path of the CCI remains consistent with continued, though sluggish, economic growth in the United States.
•The growth momentum in the index has softened with the 13- and 52-week change in the index declining. This year, the CCI has echoed the spring and summer slides of 2010 and 2011, as the economy softened.

View the entire Current Conditions Index (pdf format)

Lincoln Savings Bank and LSB Financial are pleased to provide the above commentary for the week of August 1, 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 http://www.mylsb.com/investments/commentary.aspx
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The LPL Financial Research Current Conditions Index is a weekly measure of the conditions that underpin our outlook for the markets and economy. The CCI provides real-time context and insight into the trends that shape our recommended actions to manage portfolios. This index has proven to be a useful tool for investment decision making.

This weekly index is not intended to be a leading index or predictive of where conditions are headed, but a coincident measure of where they are right now. We want to track the conditions in real-time to aid in investment decision making. There are thousands of indicators-some lead the economy, some lag, while others merely offer a lot of statistical noise. We chose to create our own index tailored to the current environment to provide the clearest and most useful way to track conditions. The components of the CCI are periodically changed to retune the index to those factors most critical to the markets and economy so it may continue to be a valuable investment decision-making tool.

Securities and Insurance products offered through LPL Financial and its affiliates, member FINRA / SIPC.
Not FDIC Insured, No Bank Guarantee, May Lose Value,
Not a Deposit, Not Insured by any Federal Government Agency

Lincoln Savings Bank and LSB Financial are not registered broker/dealers, nor are they affiliated with LPL Financial. This site is designed for U.S. residents only. The services offered within this site are available exclusively through our U.S. Investment Representatives. LPL Financials U.S. Investment Representatives may only conduct business with residents of the states for which they are properly registered. Please note that not all of the investments and services mentioned are available in every state.

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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. http://www.mylsb.com/default.aspx