Optimism Most Since ’09 as Poll Shows Americans Pessimist – Bloomberg 12-11-12

Salient to Investors:

In a Bloomberg poll:

  • 38 percent say the US is on the right track, the best reading since September 2009, while 55 percent say the US is on the wrong track.
  • 48 percent approve of Obama’s handling of the economy, 48 percent disapprove.
  • 31 percent expect a better year financially in 2013, 23 percent expect to be worse off, 44 percent expect no change.
  • Household debt fell to 97.1 percent of personal income in mid-2012 versus a peak of 114.2 percent in Q3 2009.
  • 18 percent say job security is improving, 12 percent say deteriorating.

Read the full article at http://www.bloomberg.com/news/2012-12-12/optimism-most-since-09-as-poll-shows-americans-pessimist.html