| While economic and investment risks remain relatively
high, we believe that the new lower interest rate and relaxed monetary growth
policies of the U.S. Federal Reserve will have a significant, positive stock
market impact over the next 12-18 months. The monetary reflation and
declining interest rates will eventually take hold of the economy and should
substantially improve investment and business conditions. This potential
improvement, we believe, is setting the stage for a huge stock market buying
opportunity as the North American and world economies adjust for the next major
economic boom. |
|
