We would like to convey our warmest wishes for a happy, healthy and prosperous New Year.
As is our custom, we are writing to share our views on 1999 from the point of view of global investment markets. We look at the investment markets as an amalgam of trends from the current and expected social, political, and economic environment in the world. Based on our research, we are reasonably optimistic about the environment for 1999. We see opportunities and we see problems. Let us discuss both of them and why we believe at this time next year we will . . .
Continue Reading: December 31, 1998
