Looking at market performance across the globe the

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 2011, the Dow Jones Industrial Average is up 4.5% year-to-date, the NASDAQ is up over 1%, and the broader S&P 500 is flat. Over the course of the year, they have all touched on negative returns. These are hardly inspiring until they are compared to the returns of the major global indices. England’s FTSE is down 6.6% year-to-date, Germany’s DAX is down 14.5%, and Japan’s NIKKEI is off 17%. How does Colorado look? The Bloomberg Colorado Index is down 3.3%. Colorado has come to track more closely with the national economy over the years. With the national unemployment rate running at 9% as of October, and the underemployment rate, otherwise known as the U-6 rate, running at 16.2%, the United States has nearly one-in-four members of the labor force being underutilized. Such an abundance of human capital is both a curse and a blessing. Should the INTEREST RATES 2000-2011 Percent 7.0 Commercial Banking 6.0 10-year T-note 5.0 4.0 3.0 3-month T-bill 2.0 1.0 0.0 2000 impediments to gr...
View Full Document

This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.

Ask a homework question - tutors are online