Cheng, Ben; Kellett, John; Schmeer, Mark
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His invitation to speak about the economy, interest rates, and where income markets are going in 2003. The portfolios that this speaker manages, and decisions he makes to shape portfolios. The interest-rate forecast and crucial role that it plays in managing funds. The market we have to look forward to in 2003. Some beliefs and conclusions reached - and a discussion of those. A review of the last 12 months; the current situation. The consumer side. What the speaker's company is doing with their accounts. Some final conclusions.
Some comments on forecasting, and the speaker's personal experiences with that activity. Setting the stage for his current forecasting for equity markets in 2003 by noting some favourable political development. Comments on the Canadian economy and its performance. Current markets. Some worries with which to contend. A forecast for North American equities. Some concluding remarks.
Comments on economic growth. Reasons for the speaker's optimistic viewpoint. Risks. Pensions. Oil. Deflation. War,. Terrorism. The current situation with bonds. A last comment on valuation. Concluding remarks.