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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
7.0 Commercial Banking 6.0
10-year T-note 5.0
3.0 3-month T-bill 2.0 1.0
2000 impediments to gr...
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This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.
- Spring '13
- The Lottery