Weekly Market and Economic Commentaries
June 2, 2010 -- Lincoln Savings Bank and LSB Financial are pleased to provide the following Market and Economic Commentaries for the week of June 1, 2010. The commentaries are prepared by LPL FINANCIAL RESEARCH, the broker-dealer partner for Lincoln Savings Bank and LSB Financial.
Market Commentary Highlights...
- “Sell in May and go away” only works about one-third of the time. With a pullback having already taken place, we find little value in this old adage.
- We believe investors should “buy in June and stay tuned” this year.
- Staying tuned to the conditions in the economy and markets will be important to investment decision making in the coming months as the economy transitions from a recovery to sustainable growth.
Read the full market commentary text.
Economic Commentary Highlights...
- Markets largely ignored last week’s economic data in the United States even as it continued to show that a successful transition to sustainable growth was underway.
- The May employment report is the marquee report in a very busy week of data, but will markets look past the data again this week?
Read the full economic commentary text.
The above market commentaries and others like it can be found on the Commentary page under the Investments section of this site.
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