We had expected that 1999 would be a good year for the economy, profits would grow and inflation would stay under control, ... If that's right, 2000 should be yet another year of this economic and profit expansion and stocks should continue to rise.
The principal conclusion is that we expect profit growth to continue through our new forecast horizon,
The global backdrop in 1999 will continue to offer impediments, but we expect Supertanker America to stay its course of moderate economic and profit growth,