New Year, New Outlook: Americans Increasingly Optimistic That U.S. Economy is on the Rebound, Despite Looming Fiscal Cliff


TD Ameritrade to host free “Fiscal Cliff Impact” Webcast; Monday, Dec. 17, 4 p.m. EST

New Year, New Outlook: Americans Increasingly Optimistic That U.S. Economy is on the Rebound, Despite Looming Fiscal Cliff

For Media:Christina Goethe, 201-369-8541Communications & Public AffairsorFor Investors:Jeff Goeser, 402-597-8464Investor Relations & Finance

While 2012 was a tough financial year, many Americans feel optimistic that 2013 will be brighter both personally and economically. In fact, 43 percent of Americans are optimistic about 2013 and believe the economy is on the rebound, according to a new released by TD Ameritrade, Inc. (“TD Ameritrade”), a broker dealer subsidiary of TD Ameritrade Holding Corporation (NYSE:AMTD).That’s nearly double the 24 percent who last year said they were optimistic about 2012.

Just one-third (34%) of Americans are uncertain about where the economy is headed, compared with the 52 percent who were uncertain one year ago. Additionally, 45 percent of Americans expect 2013 to be a better financial year than 2012 in terms of their personal financial situation.

This increase in optimism and clarity comes at a time of otherwise great uncertainty as the country faces the looming fiscal cliff deadline. Many investors are left wondering what the effects of the cliff – no matter what the resolution – will mean for the markets, economy and their own financial plans.

While it’s impossible to predict the outcome of an anticipated fiscal cliff resolution, understanding its potential impacts can help provide additional clarity about the markets and economy in the coming year. Some of TD Ameritrade’s most experienced professionals weigh in:

“The impending fiscal cliff presents a lot of questions for traders – particularly how spending cuts or tax increases may affect different industries – which can open or close the door to potential trading opportunities. This could add some volatility to the markets and could result in increased trading activity toward the end of the year.”

“Even with the presidential election behind us, longer-term investors have slowed their trading pace – waiting for additional clarity from Washington, the markets and the economy. However, they remain engaged – logging in to check their accounts and planning their allocations around new tax and regulatory policies to make best use of their capital in the new year.”

“Independent registered investment advisors are working to get out in front of the fiscal cliff, addressing their clients’ concerns and preparing for potentially bigger tax burdens and increased market volatility. RIAs anticipate not only steeper taxes for the wealthy, but also curbs on deductions. Regardless of political gridlock or any fiscal cliff deal outcomes, RIAs continue to look out for the long term, keeping in mind time horizons, risk tolerance and individual client goals.”

To help investors consider how they will adapt their positions for a variety of potential outcomes, on Monday, December 17 at 4 p.m. EST, TD Ameritrade will present a special webcast – “The Fiscal Cliff and its Impact on the Financial Markets.” Alec Young, S&P Capital IQ Global Equity Strategist will suggest ways for investors to prepare for several scenarios, based on what the federal government may decide to do.

The webcast is limited to 1,000 participants, however, an archived version will be made available after the live event . Registration for the live event is free and open to the public.

TD Ameritrade clients can register and get more information about the webcast

For more information on TD Ameritrade’s investor surveys, visit or follow the Company on Twitter,


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An online survey was conducted among N=1,000 Americans 18+ years old from November 16-17, 2012, by Head Research on behalf of TD Ameritrade, Inc. Sample was drawn from major regions in proportion to the U.S Census. The statistical margin of error for overall survey results in this study is +/- 3% (assumes panelists do not differ from non-panelists, and respondents do not differ from non-respondents). This means that, in 19 out of 20 cases, survey results for questions based on all survey respondents (N=1,000) will differ by no more than 3% in either direction from what would have been obtained by measuring the opinions of all adult Americans.

is a division of Head Solutions Group (U.S.) Inc., a leading market research partner for Financial Services companies in North America. With offices in New York, Toronto, and Montreal, Head delivers the deep customer insights that increase institutional knowledge and propel business action.

These results are based on a telephone survey conducted in ORC International’s CARAVAN® on behalf of TD Ameritrade. One thousand six (1,006) adults participated in a telephone survey conducted October 13-16, 2011. The margin of error in this survey is ±3.1 percentage points. This means that in 19 cases out of 20, survey results based on 1,006 respondents will differ by no more than 3.1 percentage points in either direction from what would have been obtained by seeking the opinions of all adults living in the United States age 18 and older. ORC International and TD Ameritrade are separate, unaffiliated companies and are not responsible for each other's products and services.

ORC International is a leader in global market research with expertise in Information Technology and Telecommunications, Healthcare, Financial Services, Public Services and Consumer Behavior. For more information, visit .