Now Playing: 1-10-13 Marketplace Morning Report

President Obama is expected to nominate Jack Lew to replace Timothy Geithner as Secretary of the Treasury today. Lew is currently the White House chief of staff and has a reputation as a tough negotiator. Supermarkets and pharmacies in Australia are reporting a shortage of baby formula -- it turns out Chinese customers are stockpiling the formula. And, how confident are you about our economic future? Your answer may have more to do with politics and economics.