Driving the Day

Driving the Day: 2/17/12

Feb 17, 2012

Investors Widen Emerging-Market View To Capture Next Wave Of Growth - WSJ

Low growth in developed markets and slowing growth in BRIC (Brazil, Russia, India, and China) emerging markets are encouraging investors to look ahead to the next emerging markets. A new set of high growth countries include Indonesia, Nigeria, and Vietnam. Analysts say the shift towards new markets is geared to leverage these countries' higher yields, strong growth potential, and large, younger populations.

Driving the Day: 2/16/12

Feb 16, 2012

Factories Churning Out More Goods Buoy U.S. Growth: Economy – Businessweek

U.S. factories increased production in January, bringing the largest back-to-back growth in output since July and August 2009. While total industrial production (including factories, utilities, and mining companies) showed little change in January, factory production showed a 0.7% rise in January following a 1.5% gain in December.

Driving the Day: 1/24/12

Jan 24, 2012

Mixed Record for Obama's SOTU Goals – TIME

Amidst the run-up to the presidential election and a heated political climate on Capitol Hill, President Obama is preparing to deliver the State of the Union address Tuesday. Yet, despite a long list of goals and promises outlined in the president's 2011 SOTU address, few of these efforts have been accomplished over the last year. The president's speech may be as much about making a case for a second term in office as it is about the state of the country.

Driving the Day: 1/23/12

Jan 23, 2012

Satisfaction with the Economy in Decline - POLITICO

A new Gallup poll shows an overwhelming 83% of Americans are dissatisfied with the economic condition of the United States. In addition to a 23 percentage point drop in satisfaction with the economy in the last four years, a 12-point drop to 29% was seen with the people’s approval of the size and power of the federal government. Poll results also show just 35% of Americans are satisfied with how the government works, down 18 percentage points since 2008.

Driving the Day: 1/9/2012

Jan 9, 2012

U.S. debt is now equal to economy – USA Today

The national debt is now as big as the entire U.S. economy. Between the amount the government owes to creditors and the IOUs to retirement and other programs, the national debt has reached $15.3 trillion. That number is roughly equal to the value of goods and services the U.S. economy produces in one year.

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