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The global economy of tomorrow: Better, stronger, faster

By Richard Kelly, Senior Economist, TD Bank Financial Group

Pedestrians walk along Nanjing Road in Shanghai.Two decades ago, emerging markets (EMs) accounted for only one-third of the global economy. Within the next two decades, they are likely to constitute two-thirds of the global economy. As emerging markets come of age, we can look forward to an increase in global economic growth, not a decrease as many seem to fear.

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U.S. equities: Key themes for 2010

A group of engineers discusses a building under construction.In spite of a heavy debt load, the U.S. economy seems poised for recovery in 2010, as the housing market slowly gains stability. While economic growth may be more modest than in the past, corporate earnings are well positioned for a rebound, which bodes well for equity markets and for investors. These are the key U.S. themes that appear to be emerging in 2010.

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