How confident are you that 2010 will be a better year?
This week I’d like to take the pulse of the OurValues.org community. How are you feeling about the new year ahead?
Are you optimistic about 2010? Pessimistic? Somewhere in the middle?
The stock market—that mystical source of multiple indicators of economic well-being—says things are looking up.
Financial tasseographer Bloomberg reports that last year was much better than 2008, even though we are not out of the recessional woods yet. Here’s how the financial service reads the tea leaves left in our collective cup at the end of 2009:
U.S. stocks posted the biggest annual gain since 2003 and commodities rallied as the Federal Reserve kept its benchmark interest rate near zero and governments around the world enacted stimulus programs to halt the first global recession since World War II.
All the major U.S. indices were up in 2009—the Dow Jones, S&P 500, and Nasdaq.
Stock exchanges around the world did even better. For example, the London Stock exchange boasted its biggest yearly gain in over a decade, and the Shanghai Composite was up 80%, according to Bloomberg.
My question for you: Does any of this matter in your day-to-day experience?
Have you felt any financial improvement?
Do statistics like these make you feel more confident about the months ahead?
Please let us know what all this means to you!